Italy’s politicians have been urged by a leading think tank to pass a bill now languishing in parliament, which introduces six-year defense spending plans to give stability to Italy’s poorly funded armed forces
Italy’s commitment to the F-35 fighter jet may be in doubt, as an Italian political party which has promised to scrap the program edges closer to power.
Naval Group plans make an informal pitch to Italy, seeking to persuade the country to switch to its Scorpene attack submarine from the U212A boat, a source close to the project has told Defense News.
The hitch is that the three Italian ministers present at a meeting Thursday to discuss the planned naval business integration may be out of a job on March 4, when Italy holds a general election. Then what?
Italian defense group Leonardo has promised double-digit profitability within five years, thanks to 6 percent annual growth in new orders and 5-6 percent revenue growth.