Leonardo closes $1.8bn acquisition of Iveco’s Defence Business

Report Content

Leonardo has completed the previously announced €1.6bn ($1.8bn) acquisition of Iveco Group’s Defence Business, which includes the IDV and ASTRA brands.

Classification
Analytical Domain
Strategic
Primary Category
Political-Military
SALUTE Report
Size
Not applicable
Activity
Leonardo completed the acquisition of Iveco Group’s Defence Business
Location
Unit
Leonardo
Time
Recently
Equipment
Defence BusinessIDV brandASTRA brand
Summary

Leonardo completed the acquisition of Iveco Group’s Defence Business for €1.6bn ($1.8bn), which includes the IDV and ASTRA brands. This acquisition enhances Leonardo's position in the defense sector.

Key Facts
  • Leonardo completed the acquisition of Iveco Group’s Defence Business for €1.6bn ($1.8bn).
  • The acquisition includes the IDV and ASTRA brands.
  • The report is sourced from a secondary tier RSS feed.