Italy mulls delivery of another SAMP/T system to Ukraine, says sourceThe battery Italy would send is based in Kuwait and is one of five now operated by Italy, after one was sent to Ukraine last year.6 days ago
Fincantieri buys Leonardo’s torpedo unit in deal that could reach $446MOriginally known as WASS, the torpedo unit saw €160 million in revenue last year.6 days ago
EU sprinkles $560 million over defense firms to grow ammunition outputMost of the money will go toward the production of explosives and powder, officials in Brussels said.
Leonardo banks on space, cybersecurity, AI for double-digit growthItaly's state-controlled defense giant predicted that by 2028 its annual order tally will rise to $24.7 billion.
Fincantieri in talks to buy Leonardo’s torpedo business, source saysFor more than a decade Leonardo has searched on and off for a buyer or partner for its torpedo unit known as WASS.
Albania opens remodeled Soviet-era air base as hub for NATO jetsItalian Eurofighters and U.S. F-16s and F-35s flew in for the inauguration of the base at Kucova, 50 miles south of the capital Tirana.
Bell, Leonardo to partner on tiltrotor helicoptersThe agreement follows a long partnership between the firms on the BA609 tiltrotor program, which ended in 2011.
Italian parliament OKs frigate, Leopard tank dealsThe new buys, approved Feb. 21, are part of a uptick in Italian military spending partly spurred by the Ukraine conflict.
Too little, too late? Ukraine’s backers lose ground in the ammo raceRussia's advantage in artillery ammunitions is unlikely to spur more frontline gains, but it will give Moscow some breathing space, one analyst said.
Fincantieri teams with Edge to sell to non-NATO countriesThe venture will aim to take advantage of the UAE’s relations with other states and the export credit financing it offers.
Leonardo eyes an Italian gun for Rome’s new Leopard 2 tanksAn agreement with manufacturer KNDS envisions significant "Italianisation" of the latest-generation main battle tank, according to a Leonardo executive.
EU regulators must let defense firms merge freely, Leonardo boss urgesInterference from Brussels will keep the continent's industry "marginal" in the face of global competition, said Roberto Cingolani.