What's Happening?
Leonardo and Rheinmetall have secured their first contract to supply Lynx combat vehicles to the Italian army. The joint venture between the Italian and German firms will deliver 21 Lynx tracked fighting
vehicles, part of a larger order of 1,050 vehicles. This collaboration aims to modernize Italy's military capabilities, with assembly taking place in Italy and incorporating Leonardo components. The contract marks a significant step in the €23 billion deal to renew Italy's tracked vehicle inventory.
Why It's Important?
The contract strengthens the defense partnership between Italy and Germany, enhancing European strategic sovereignty. It also supports Italy's military modernization efforts, ensuring the army is equipped with advanced combat vehicles. The deal has economic implications, as it involves significant investment and job creation in the defense sector. The collaboration between Leonardo and Rheinmetall highlights the importance of international cooperation in defense manufacturing.
What's Next?
The first five Lynx vehicles are expected to be delivered by the end of 2025, with further deliveries to follow. The Italian army will continue to work with Leonardo and Rheinmetall to implement the A2CS program, focusing on enhancing military capabilities. The success of this contract may lead to further collaborations and contracts between the two companies, potentially influencing defense strategies in Europe.
