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Leonardo Signs Partnership With Rheinmetall To Develop Next Generation Land Defense Systems



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July 3 (Reuters) -Leonardo SpA LDOF.MI:

  • SIGN STRATEGIC PARTNERSHIP WITH RHEINMETALL TO DEVELOP NEXT GENERATION OF TERRESTRIAL DEFENCE SYSTEMS

  • FIRST GOAL IS THE DEVELOPMENT OF TWO VEHICLES ITALIAN MAIN BATTLE, LYNX, ARMOURED INFANTRY COMBAT SYSTEM FOR ITALIAN ARMY

  • FINAL ASSEMBLY LINES, HOMOLOGATION TESTING, DELIVERING ACTIVITIES, LOGISTIC SUPPORT WILL BE DONE IN ITALY WITH ITALIAN WORKSHARE OF 60%

  • JOINT VENTURE HAS 50%-50% COOPERATION

  • IMPLEMENTATION OF MOU SUBJECT TO PRIOR APPROVAL BY COMPETENT REGULATORY AUTHORITIES, INCLUDING EUROPEAN COMMISSION, NATIONAL COMPETITION AUTHORITIES

  • TECHNOLOGIES WILL BE BASIS FOR DEVELOPMENT OF FUTURE EUROPEAN MBT (MGCS), NEW VERSIONS INTENDED FOR INTERNATIONAL EXPORT

Further company coverage: LDOF.MI


(Gdansk Newsroom)

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