Leonardo acquires Iveco Defence in $1.9 billion deal
The acquisition will help consolidate Leonardo’s position in the European land defence sector, aiding it in efforts to boost its domain “interoperability vision”, according to Leonardo’s CEO.
US Army awards Raytheon $51.5m contract for IED defeat system
The US Army has awarded Raytheon Company a $51.5 million firm-fixed-price contract to produce a system to defeat improvised explosive devices.
Work will be performed at the Raytheon Technical Services Company LLC site in Indianapolis. Further details will not be made public.
Source: Raytheon
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