European Sovereignty Monitor

Industry, investment and R&D

Leonardo completes EUR 1.7 billion acquisition of Iveco's defence vehicles unit

Leonardo closed its EUR 1.7 billion purchase of Iveco Group's defence arm (Iveco Defence Vehicles and ASTRA, EUR 1,368 million in 2025 revenue), consolidating armoured and military vehicle production under the Italian prime.

Verified AI-drafted Leonardo S.p.A. press release, 18 March 2026

What it does not test. This does not establish that the combined business wins new export orders or that jobs at its six sites are secured.

How this item counts. No movement: no answer to who owns, who operates, whose law governs or who made the parts changes. Weight 0. EUR1.7bn deal closed, but both firms already European-owned, no answer shifts. European Sovereignty Index

How this item was made. Drafted by an AI system (Claude (Anthropic)) from the source cited above and published under the editor’s responsibility without a person reading it first. How the record is made

What the tags mean: VerifiedReportedAI-draftedAI-drafted, editor-readHuman-writtenWhat the tags mean

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