
Leonardo and Rheinmetall Collaborate on European Tanks
Italian aerospace giant Leonardo and German defense contractor Rheinmetall have announced the formation of a 50:50 joint venture. This strategic partnership, revealed on October 15, 2024, aims to spearhead the development and production of next-generation military vehicles, with a primary focus on meeting the Italian Army’s modernization needs. The newly formed company, Leonardo Rheinmetall Military Vehicles (LRMV), will be headquartered in Rome with operational facilities in La Spezia, Italy. Pending final regulatory approvals, the joint venture is expected to commence




