Rejected by KNDS, Leonardo teams up with Rheinmetall for new Italian tanks
ROME — Germany’s Rheinmetall has signed an agreement with Italy’s Leonardo to discuss the development and construction of hundreds of new tanks and tracked vehicles for Italy, weeks after European giant KNDS canceled a similar deal with Leonardo. Rheinmetall and Leonardo signed a Memorandum of Understanding on Wednesday to establish a new 50:50 joint venture … Read more