1ST LEAD

NAMPA / DPA

2024-10-15

Dusseldorf/Rome (dpa) - German weapons manufacturer Rheinmetall and Italian defence contractor Leonardo are jointly launching a new company to build battle tanks, initially for the Italian military, the firms announced on Tuesday. Each partner will hold 50% ownership in the new Rome-based company, which the firms expect to receive regulatory approval by 2025. An initial major order from the Italian military is worth more than ?20 billion ($2.2 bi......

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Germany's Rheinmetall and Italy's Leonardo launch joint tank company

2024-10-15 13:31:04

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