Italian defense giant Leonardo has acquired the defense unit including Iveco Defence Vehicles and the ASTRA brand in a deal valued at €1.7 billion.

HAVELSAN signed a strategic MoU with Italy-based VN Maritime and Piloda Defence to develop unmanned and hybrid naval platforms. The first procurement contract is targeted for the first half of 2026.

Piaggio Aerospace, recently acquired by Baykar, has signed a new contract with Italy’s Guardia di Finanza to deliver one P.180 Avanti EVO aircraft, including initial logistics support and options for additional units.

Baykar has finalized the acquisition of Italy’s historic aerospace firm Piaggio Aerospace, aiming to establish a strategic production and excellence hub in Europe.

BAYKAR’s acquisition of Piaggio Aerospace and partnership with Leonardo signal Europe’s intent to collaborate with Türkiye in the S/UAV sector to avoid being left behind.

Italy plans to customize German Leopard 2 tanks with locally made sensors, radios, and possibly a gun barrel, strengthening its defense industry role.

Italy plans to modernize 125 Ariete tanks, extend the service life of Dardo IFVs, and strengthen capabilities with new-generation AICS platforms.