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The temporary grouping of companies Leonardo and Rheinmentall, as part of the Leonardo Rheinmetall Military Vehicles Joint Venture (50% Leonardo and 50% Rheinmetall AG), was awarded the first supply contract for 21 vehicles “A2CS Combat” for the Italian Army. The delivery of the first vehicle is expected by the end of 2025.
David Hoeder, Executive Chairman of JV Leonardo Rheinmetall Military Vehicles: "This first joint order following the decision to establish a joint venture between Rheinmetall and Leonardo is an important milestone. It brings the two companies, as well as two of Europe's largest countries, closer together. Cooperation is not optional anymore it is the very essence of our European strategic sovereignity."
Laurent Sissmann, CEO of JV Leonardo Rheinmetall Military Vehicles, stated: “We are pleased to announce this first step of the industrial synergy between Leonardo and Rheinmetall. We will work side by side to provide cutting-edge armoured vehicles, able to operate in modern operational scenarios.”
Leonardo and Rheinmetall will supply 21 tracked armoured vehicles for the Italian Army, 5 of which are Rheinmetall's Lynx KF-41 with the Lance turret followed by 16 newly configured vehicles equipped with the same chassis and Leonardo's Hitfist 30mm turret. The agreement also includes upgrading the whole fleet to the latter configuration, as well as including an additional 30 optional vehicles, and training and simulation systems to better train crews. These are fully digitalized latest generation vehicles based on merger of the best technologies on the market and capable of acting interoperably in a multi-domain context.
The supply falls within the scope of the A2CS Army Armoured Combat System programme, originally called AICS Armoured Infantry Combat System, which involves the total acquisition of 1.050 armoured combat vehicles and which, together with the Main Battle Tank programme, will renew Italian Army’s heavy vehicles fleet.
The joint venture between Leonardo and Rheinmetall has the aim of establishing a new European leader for the development and production of military combat vehicles in Europe. Rheinmetall AG and Leonardo SpA will be equal shareholders (50% each) of the new company Leonardo Rheinmetall Military Vehicles (LRMV) which has its registered office in Rome, operational headquarters in La Spezia (North of Italy) and is responsible for the industrial development and subsequent marketing of the new Main Battle Tank (MBT) and the new Army Armored Combat System (A2CS) vehicles.
A 50:50 work breakdown was agreed for the joint venture. A 50:50 work breakdown was agreed for the joint venture. 60% of the activities, i.e. integration, approval testing, delivery activities and logistical support, but also parts of production and development, will take place in Italy.
About Leonardo
Leonardo (leonardo.com) is an international industrial group, among the main global companies in Aerospace, Defence, and Security (AD&S). With 60,000 employees worldwide, the company approaches global security through the Helicopters, Electronics, Aeronautics, Cyber & Security and Space sectors, and is a partner on the most important international programmes such as Eurofighter, JSF, NH-90, FREMM, GCAP, and Eurodrone. Leonardo has significant production capabilities in Italy, the UK, Poland, and the USA. Leonardo utilises its subsidiaries, joint ventures, and shareholdings, which include Leonardo DRS (71.6%), MBDA (25%), ATR (50%), Hensoldt (22.8%), Telespazio (67%), Thales Alenia Space (33%), and Avio (28.7%). Listed on the Milan Stock Exchange (LDO), in 2024 Leonardo recorded new orders for €20.9 billion, with an order book of €44.2 billion and consolidated revenues of €17.8 billion. Included in the MIB ESG index, the company has also been part of the Dow Jones Sustainability Indices (DJSI) since 2010.
Leonardo Contacts
Stefano Somma - Head of Territorial & National Communication
T: +39 3357317483 - E: Stefano.somma[.]leonardo.com.
Nicola Guglielmi - Head of International Communication
T: +39 3666190711 - E: Nicola.guglielmi[.]leonardo.com.
Investor Relations
T: +39 0632473512 - E: Ir.leonardo.com.
About Rheinmetall
The stock exchange listed Rheinmetall AG (rheinmetall.com) in Düsseldorf is a leading international systems provider for the defence industry and a driving force behind pioneering technological and industrial innovations in civilian markets. With over 40,000 employees at 174 sites worldwide, Rheinmetall generated sales of €9.8 billion in 2024. With its technologies, products and systems, the company creates the indispensable basis for peace, freedom and sustainable development: which is security.
Rheinmetall AG Contacts
Oliver Hoffmann - Head of Public Relations
T: +49(0)211 473 4748 - E: Oliver.hoffmann[.]rheinmetall.com.
Dr. phil. Jan-Phillipp Weisswange - Deputy Head of Public Relations
T: +49(0)2114734287 - E: Jan-phillipp.weisswange[.]rheinmetall.com.
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