European defense firm KNDS targets 2026 for dual stock exchange listing
The firm, a joint venture between Germany's Krauss-Maffei Wegmann and France's Nexter, amassed an order intake of €11.2 billion ($13.1 billion) in 2024.
The firm, a joint venture between Germany's Krauss-Maffei Wegmann and France's Nexter, amassed an order intake of €11.2 billion ($13.1 billion) in 2024.
Rome will get five Rheinmetall Lynx KF-41 vehicles with Lance turrets, followed by 16 "newly configured vehicles equipped with the same chassis and Leonardo's Hitfist 30mm turret."
Robbin Laird visited Italy's International Flight Training School in Sardinia at Decimomannu Airbase to see how it approaches training aviators for modern combat.
Despite the current drama in the rival FCAS program, Leonardo UK's Andrew Howard said he expects FCAS to deliver a "very good capability."
Once modified, the new aircraft will see the Italian Air Force provided with “an airborne jamming ability with range, altitude and endurance to disrupt enemy command and control communications, radars and navigation systems from an extended distance,” L3Harris said.
An artist rendering of the demonstrator, set to fly for the first time in 2027, showcases a design complete with a single cockpit, twin engine, canted twin tail and delta wing blueprint.
Based on a requirement for 45 aircraft in all, Italy has so far ordered 18 M-345 units, to support the second and third phases of pilot training, while the M-346 delivers advanced training.
Execs and officials hope that GCAP can open doors for Japan's defense industrial base to expand.
“This [Arexis] is part of [the] Eurofighter program and Germany is now funding it, but any other Eurofighter customer, of course, could benefit from having it on board," Mikael Corp, sales director of fighter electronic warfare at Saab, told Breaking Defense.
To deal with the changing geopolitical landscape, Cingolani called for "stronger alliances" and "industrial synergies."
The JV is looking to tap into growing demand from the European drone market valued in excess of $100 billion over the next decade and will include production out of Italy and Turkey, Roberto Cingolani, CEO at Leonardo, told media in Rome.
India’s interest in Eurodrone builds off a joint statement signed with Germany in October 2024 to deepen defense cooperation and which includes a “specific focus on technology collaboration, manufacturing/co-production and co-development of defence platforms and equipment.”
Italy becomes the first NATO nation to buy into the air defense system.
"While there are several reasons why the three GCAP nations should entertain adding Saudi Arabia to the program, there are fewer clear reasons why the Saudis would want to join up," writes Bilal Saab in this op-ed.