Leonardo is a global leader in Aerospace, Defence and Security, delivering advanced, interconnected technologies that ensure safety and continuity for people, systems and infrastructure
Leonardo acquires Iveco’s defence business
Leonardo acquires Iveco's defence business
With this acquisition, Leonardo is consolidating its position as a leading player in the land defence sector, strengthening its role as an integrated OEM (Original Equipment Manufacturer) and shifting from supplying integrated technologies to offering complete platforms, encompassing both the vehicle and payload components.
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From vehicle to system
Land defence is one of the cornerstones of integrated security. The sector is undergoing a profound transformation to counter increasingly sophisticated threats that require rapid response and technological interoperability. In this context, defence vehicles are interconnected systems that collect, process and share information in real time.
Security across multiple domains
In a constantly evolving landscape, the integration of land, air, sea, space and cyber domains enables operations in complex scenarios by strengthening the link between observation, decision-making and response. This gives rise to integrated solutions capable of protecting critical infrastructure and ensuring resilience across all essential sectors. Electronics and digital technologies act as the glue that securely connects all areas of operation in real time.
Expertise and innovation
The acquisition accelerates technological innovation, strengthens our expertise and empowers our people. These are key factors in sustaining long-term competitiveness and ensuring stability, strategic autonomy and the protection of communities.
A Multi-domain Ecosystem
Land defence capabilities are part of a broader strategy in which capabilities and platforms work together across multi-domains. The is the practical application of this vision. Not a product, but an open, modular and scalable architecture, designed to integrate different technologies and operate as a dynamic 'dome' of protection capable of ensuring security in complex environments.
Key points of the acquisition
Key points of the acquisition (*)
+ €1,368 mln in revenue for Iveco Defence
> 2,000 employees worldwide
6 Manufacturing plants worldwide
7 R&D centres worldwide
12 sales offices worldwide
> 10 new vehicles in portfolio
*2025 numbers
€ 0.1 BN
revenues€ 0.1 BN
order backlog1
people1
sites worldwide€ 0.1 BN
invested in R&D1 %
of sources of financing linked to ESG parametersAeronautics
€ 5 BN
Aircaft orders 20251,200 Aircraft
managed at around 50 sites/basescivil & military
Automation
1 +
years’ experienceOver 30km
of sorting systems in operationcivil
Cyber & Security
€ 1.1 BN
Orders 202550 Countries
worldwide using Leonardo’s critical communication systemscivil & military
Electronics
€ 10.7 BN
Orders 20251,000 Air defence
and surveillance radars in 58 countriesCivil & Military
Helicopters
€ 6.2 BN
Orders 2025Over 4,500
Helicopters in service across in more than 130 countriesCivil & Military
HPC
3x
computing power in 202620 PFlops Rmax
with 230+ CPU and 120+ GPU nodes with Davinci-2civil & military
Space
€ 1 BN
Orders 2025100+
satellites per year planned by the new Space Smart Factory in Romecivil & military
Leonardo, in every imaginable world
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