Financial highlights
Last trade 57.16€
Variation +2.69%
31/03/2026 - 01:44 PM
data source: Investis Digital
Financial highlights
Last trade 57.16€
Variation +2.69%
31/03/2026 - 01:44 PM
data source: Investis Digital
Financial Results & Reports
Press releases
The acquisition of Iveco Defence Vehicles (IDV) and ASTRA brands strengthens Leonardo’s position in land defence and represents a key step in its development strategy as a global security player, expanding its expertise and integrated industrial capabilities in a context increasingly driven by digital transformation.
In a scenario characterized by new security requirements, land defence is undergoing a phase of profound transformation, strongly accelerated by the digitalization of operational and decision-making systems. This evolution demands ever more integrated capabilities, operational speed, interoperability, and solutions able to respond to complex environments.
The acquisition of Iveco Group’s Defence business (IDV and ASTRA) marks a significant milestone in Leonardo’s growth path as a leading player in the European land defence sector, a market with strong future growth prospects. In practical terms, Leonardo moves from providing integrated technologies to being able to offer complete platforms, combining vehicle components and electronic systems into a single solution within advanced, interconnected digital architectures.
From electronics to integrated platforms
Historically a benchmark in the development of electronic defence systems such as sensors and command-and-control systems, Leonardo now integrates these capabilities with IDV's expertise in the design and production of military vehicles. This creates a comprehensive industrial capability able to deliver “turnkey” solutions: from the vehicle itself to the electronic systems that form its operational brain, based on advanced software, real-time data processing, and modular digital architectures.
This model strengthens Leonardo’s role as an integrated industrial manufacturer (OEM – Original Equipment Manufacturer), with a portfolio covering tracked and wheeled platforms and high-performance operational solutions. The technological backbone consists of natively digital and secure electronic systems, capable of connecting sensors, defence systems, and command-and-control systems into a single integrated multi-domain ecosystem.
An example is the HITFACT (Highly Integrated Technology Firing Against Combat Tank) MkII turret mounted on the Centauro II armored vehicle which, thanks to full digitalization and state-of-the-art electronics, constitutes a “connected” system that continuously communicates with drones, sensors, and other units in the field. This enables it to gain a more situational awareness and to leverage information from other deployed systems. In a multi-domain context, it thus becomes part of an intelligent network that makes operations faster, more coordinated, and more effective.

Industrial synergies and technological development
The operation brings together complementary capabilities: on one hand, Iveco Defence’s strengths in mobility, hull design, and vehicle integration; on the other, Leonardo’s expertise in electronics, defence systems, secure digital technologies, and platform integration. This evolution enhances operational efficiency, accelerates shared technological development, and expands commercial presence in high-potential markets, contributing to strengthening the global reach of the combined offering.
A key element is the industrial continuity with the Iveco-OTO Melara Consortium (CIO), owned 50% by IDV and 50% by OTO Melara (now Leonardo). This partnership, active for over forty years, has produced landmark programs for the Italian Army and beyond, such as the Centauro II armored vehicle, the Freccia Medium Armored Vehicles (VBM), and the Ariete vehicle upgrade program. With this acquisition, Leonardo consolidates control over the entire industrial value chain, further strengthening national development and production capabilities.
An integrated ecosystem for global security
The consolidation of land defence activities is part of a broader strategy aimed at integrating capabilities and platforms into a multi-domain offering. This vision is concretely embodied in Michelangelo Dome, an advanced integrated defence system that leverages proprietary capabilities, assets, and technologies across the air, land, sea, space, and cyber domains, relying on artificial intelligence, high-performance computing, cloud, and data fusion. Digital technologies act as a key enabler, allowing real-time data integration and the generation of advanced situational awareness across domains. In continuity with other strategic initiatives, such as the joint venture with Rheinmetall for the development of land defence systems, this contributes to building a competitive and integrated European industrial ecosystem.

Through these synergies with major international players – one of the cornerstones of the 2026-2030 Industrial Plan – Leonardo strengthens its role as a key player in the development of a comprehensive range of solutions: armored, amphibious, and tactical-logistics vehicles for defence, security, and civil protection; as well as Unmanned Ground Vehicles (UGVs), which are becoming increasingly central in modern operational scenarios. The integration of platforms and digital technologies also enables expanded applications in dual-use domains, both civilian and military, from security to emergency management.
Beyond reinforcing Leonardo’s role as a global security player, the acquisition promotes technological innovation, skills growth, and the enhancement of human capital, key elements for sustaining long-term competitiveness and ensuring stability, strategic autonomy, and the protection of communities.

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2026-03-31T12:04:09Z
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