Daily Archives: July 4, 2024

Leonardo, Rheinmetall will codevelop Italian Army’s MBTs, infantry fighting vehicles

Rheinmetall-Leonardo Battle Tank Cooperation: Rome/Düsseldorf, July 3, 2024 – In a move that significantly bolsters European defense capabilities, Italian defense giant Leonardo and German counterpart Rheinmetall Wednesday announced the signing of a Memorandum of Understanding (MoU) to establish a 50-50 joint venture. This venture will spearhead the development of cutting-edge land defense systems, with a focus on the Italian Army’s needs and ambitions for international export.