Known as Leonardo Rheinmetall Military Vehicles (LRMV), the 50-50 joint venture will be headquartered in Rome with its operational headquarters in La Spezia, the Italian hub for ground vehicle ...

Italy's Leonardo and Germany's Rheinmetall launched a joint venture on Tuesday to develop and manufacture military combat vehicles, in a key step for consolidation in the European defence sector.

An ultra-modern main battle tank from the EU and Norway is set to boost combat power. The countries want to build such a tank ...

Italy’s Leonardo SpA and Rheinmetall AG of Germany agreed to form a joint venture to build combat tanks in Europe, combining efforts on fighting vehicles as defense spending rises across the region.

Europe’s quest for greater strategic autonomy on the battlefield took a tangible step forward with the formal announcement of ...

The defense technology sector appears to be the biggest gainer as the global geopolitical situation has gone from bad to ...

ROME (Reuters) -Germany’s Rheinmetall has sent Italy’s Leonardo an offer for a minority stake in its OTO Melara cannon maker unit valuing the whole business at almost 430 million euros ($462 ...

There was a big bout of selling on the news on Friday after leading defense stocks in Europe that have rallied this year fell sharply after the conclusion of the NATO summit. Rheinmetall, up 188% this ...

EUROPEAN shares ended slightly lower on Tuesday, with industrials and banks the biggest drags as investors weighed uncertainty over US trade deals with the July tariff deadline fast approaching and ...

In Europe, major indices declined across the board. The pan-European Stoxx 600 slipped 0.7 percent, while the UK’s FTSE 100 ...

ROME — Rheinmetall and Leonardo will deliver a new infantry fighting vehicle to the Italian army within two years and a new main battle tank within three years, the companies said on Tuesday as ...