Leonardo and Rheinmetall have formed a joint venture to supply advanced armoured vehicles for the Italian Army, marking a significant milestone in enhancing European defense capabilities.
Information on the Target
The joint venture, Leonardo Rheinmetall Military Vehicles (LRMV), formed by Leonardo and Rheinmetall AG, aims to enhance military vehicle capabilities for the Italian Army. This venture, with equal ownership (50% each), is focused on supplying cutting-edge armoured vehicles and converting existing fleets to modern specifications through collaborative development.
In a significant development, LRMV has been awarded its first contract to deliver 21 "A2CS Combat" vehicles, which will include a mixture of Rheinmetall's Lynx KF-41 and Leonardo's Hitfist 30mm turret systems. The first delivery is slated for the end of 2025, marking a pivotal step in elevating the operational capabilities of the Italian armed forces.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
Industry Overview in Italy
The military vehicle industry in Italy has a robust historical context, underpinned by strong government support and strategic investments in defense technology. The establishment o
Similar Deals
Leonardo Rheinmetall Military Vehicles → Italian Army
2025
Saimo Electric Co., Ltd. → EPISTOLIO S.r.l.
Leonardo and Rheinmetall
invested in
Leonardo Rheinmetall Military Vehicles
in 2025
in a Joint Venture deal