Leonardo acquires Iveco Defence Business Change Leonardo completed the €1.6bn acquisition of Iveco Group’s Defence Business. Why it matters Leonardo now owns 100% of IDV Group and the vehicle-manufacturing capabilities spun out of Iveco. The company must integrate its electronics, command-and-control, electro-optics and turret systems with the acquired tracked and wheeled platforms. This requires consolidating operations across six manufacturing sites, seven R&D centres, and managing about 2,000 employees and 12 commercial offices. army-technology.com · Mar 21 More actions Like (sign in) Save (sign in) Share Facebook LinkedIn X / Twitter Copy link
