By Adria Calatayud
Iveco Group's IDV defense and civil-protection equipment brand signed a preliminary agreement for the supply of parts to a combat-vehicle joint venture formed by European arms makers Rheinmetall and Leonardo.
IDV said late Monday that its participation will represent between 12% and 15% of the joint venture's development and production of tracked combat ground vehicles for the Italian army.
Financial details weren't disclosed.
Write to Adria Calatayud at adria.calatayud@wsj.com
(END) Dow Jones Newswires
November 12, 2024 01:14 ET (06:14 GMT)
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