IDV GROUP acquired by LEONARDO

Leonardo has completed the acquisition of 100% of the share capital of IDV Group S.r.l. from the Iveco Group. The acquisition is a cornerstone of Leonardo's strategy to establish itself as a dominant European leader in land defense by integrating IDV’s world-class vehicle platforms with Leonardo’s electronics, turrets, and software suites. The strategic rationale focuses on creating a national and European champion capable of delivering fully integrated tracked and wheeled platforms. By absorbing its long-term partner in the CIO consortium, Leonardo removes internal friction and accelerates the joint development of next-generation armored vehicles. The deal also leverages complementary global sales networks and a workforce of 2,000 specialists. This integration is expected to drive significant operational synergies in logistics, manufacturing, and R&D, positioning Leonardo to capture a larger share of the expanding European land defense budgets.