Leonardo Rheinmetall Military Vehicles joint venture
Leonardo and Rheinmetall formed a 50:50 joint venture to build Italy's new main battle tank (based on the Panther KF51) and Lynx-based infantry vehicles.
- Company
- Leonardo Rheinmetall Military Vehicles
- Type
- JV / capital partnership
- Status
- Announced
- Date
- 15 Oct 2024
- Value
- Not disclosed
- Value basis
- Not disclosed; 50:50 joint venture
- Region
- Italy
- Segment
- Land systems
Parties
- Leonardo partner
- Rheinmetall partner
Key terms
- Ownership
- 50% each
- Headquarters
- Rome (legal), La Spezia (operational)
- Workshare
- 60% in Italy
- Establishment
- Expected Q1 2025, subject to approvals
Sources
- Rheinmetall: Leonardo and Rheinmetall establish joint venture rheinmetall.com · 15 Oct 2024
- Leonardo: Leonardo and Rheinmetall establish joint venture leonardo.com · 15 Oct 2024
Record DEF-INV-2024-0030. Investments are kept apart from the financings register and never counted in debt totals.
