Rheinmetall : Leonardo och Rheinmetall väntas offentliggöra JV på tisdag : 8,2 milj EURO

Rheinmetall
Leonardo och Rheinmetall väntas offentliggöra JV på tisdag - Il Sole (Finwire)
2024-10-14 10:37
Italienska Leonardo och tyska Rheinmetall väntas offentliggöra ett slutgiltigt avtal gällande ett försvars-joint venture på tisdag. Det skriver Il Sole 24 Ore.

Tidigare i år, i juli, offentliggjorde bolagen att de planerade att bilda ett samriskbolag. Programmet omfattar beställningar värda 8,2 miljarder euro för 132 stridsvagnar och 140 stridsfordon som ska utvecklas och levereras till den italienska armén fram till 2037.

Joel Andersson
Nyhetsbyrån Finwire




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Leonardo and Rheinmetall sign a strategic partnership for the development of the next land defense systems
Rome, 03 July 2024 14:41 Inside Information

50:50 joint venture as Lead System Integrator. Design Authority safeguarded in specific relevant technological areas. 60% of the activities will be carried out in Italy
First goal is to develop two vehicles – the Italian Main Battle Tank and Lynx platform (Armoured Infantry Combat System) for the Italian Army, with a focus on international export.
Definition of the roadmap of the future European Main Ground Combat System (MGCS)


Leonardo and Rheinmetall have signed today a Memorandum of Understanding (MoU) to establish a new 50:50 joint venture aimed at developing a European industrial and technological approach in the field of land defense systems.

The objective of the agreement is the industrial development and subsequent commercialization of the new Main Battle Tank (MBT) and the new Lynx Platform for the Armoured Infantry Combat System (AICS), within the Italian Army’s ground systems programs.

Armin Papperger, CEO of Rheinmetall AG: "With Leonardo and Rheinmetall, two leading European suppliers of defence technology are joining forces to realise ambitious projects. Together we want to set new standards and open the door to a new generation of state-of-the-art combat vehicles in and for Europe. In doing so, we are addressing the Italian market as well as other partner countries that have a need for modernisation in the field of combat systems."

Roberto Cingolani, CEO of Leonardo: “Technology and industrial synergies between Leonardo and Rheinmetall are a unique opportunity to develop state-of-the-art Main Battle Tanks and Infantry Vehicles. We consider this agreement a fundamental contribution to the creation of a European defense space.”

In particular, the future joint venture - headquartered in Italy - will be the Lead System Integrator, prime-contractor and system integrator, in both the Italian programs (MBT and AICS) and will define the roadmap for the participation in the future European Main Ground Combat System (MGCS).

Within the MBT and AICS programs, mission systems, electronics suites and weapons integration will be developed and produced by Leonardo according to the requirements of the Italian client. The technologies will also be the basis for the development of the future European MBT (MGCS) and the new versions intended for international export. With the newly developed Panther main battle tank and the new Lynx infantry fighting vehicle, Rheinmetall has the appropriate basic technology on which to build in both programmes.

Final assembly lines, homologation testing, delivering activities and the logistic support will be done in Italy with an Italian workshare of 60%.

The implementation of the MoU signed today will be subject to prior approval by the competent regulatory authorities, including the European Commission and the respective national competition authorities.

New battle tanks and infantry fighting vehicles for the Italian army
Leonardo and Rheinmetall establish a joint venture aiming at forming a new European nucleus for the development and production of military combat vehicles in Europe. The companies had already signed a corresponding Memorandum of Understanding (MoU) in Rome at the beginning of July 2024.

Rheinmetall AG and Leonardo S.p.A. will be equal shareholders (50% each) in the new company Leonardo Rheinmetall Military Vehicles (LRMV), which will have its legal headquarters in Rome and an operational headquarter in La Spezia. The definition of the agreement and the establishment of the company, which will be expected by the first quarter 2025, are subjected to usual regulatory approvals for this sort of operation.



The primary goal of the joint venture is the industrial development and subsequent marketing of the new Italian main battle tank (MBT) and the new Lynx platform for the Armoured Infantry Combat System (AICS) programme as part of the Italian Army's programme for land systems. The development and production of other vehicles of this family, such as recovery, engineer and bridge-laying vehicles, is also planned. Both partners also expect their joint products to provide extensive sales opportunities in international markets.

Armin Papperger, CEO of Rheinmetall AG: “We are creating a new heavyweight in European tank production. Leonardo and Rheinmetall, two leading European suppliers of defence technology, are joining forces to carry out ambitious projects. We are primarily addressing the Italian market, but we will also be targeting other partner nations which are in need of modernising their combat systems in the future. Rheinmetall has the perfect technologies for Italy's requirements.”

Roberto Cingolani, CEO of Leonardo: “This is a significant step towards the creation of a European defense system based on specialized shared platforms. Rheinmetall and Leonardo aim at developing state-of-the-art technologies able to compete at international level.”

The Panther KF51 developed by Rheinmetall will be the basis for the new main battle tank to replace the Ariete in the Italian army. The Italian AICS programme involves the procurement of over 1,000 armoured combat systems in 16 variants in the future. In addition to the classic infantry fighting vehicle, there will be anti-aircraft (Skyranger), reconnaissance and anti-tank versions. All models will have a modular design and the Rheinmetall Lynx infantry fighting vehicle shall form the technological basis.

A 50:50 sharing of labour was agreed for the joint venture, with 60% of the work to be carried out in Italy. This concerns in particular final assembly, homologation testing, delivering activities and logistic support. Within the MBT and AICS programs, mission systems, electronics suites and weapons integration will be developed and produced by Leonardo according to the requirements of the Italian client.

Rheinmetall has already a large footprint in Italy operating with three brands and with a total of around 1,500 employees at five sites in Italy for approximately €1 billion of sales.

Lynx

KF51 Panther: