Oto Melara is currently valued at 500 million to 600 million euros ($536-$644 million), but its value is expected to grow if and when it obtains work on the new vehicle.

Rheinmetall would consider buying a stake in Leonardo's OTO Melara unit as part of its long-term commitment to the Italian market, Chief Executive Armin Papperger said. "To underline the long-term ...

ROME (Reuters) -KMW+Nexter Defence Systems (KNDS) is close to making a 650 million euro ($736 million) binding bid for Leonardo's OTO Melara and Wass units, three sources said on Thursday, in a ...

Great results that show a path for future earnings growth. Cybersecurity is the next theme in Leonardo's domain. With Oto Melara's expectations, we value the company between €500/600 million ...

ANKARA, Turkey – Italian armament manufacturer Oto-Melara has debuted a new roll-on, roll-off gunship capability for turboprop airlifters. The gunship system developed by the Finmeccanica-owned ...

ROME — A debate in Italy over selling a stake in cannon-maker Oto Melara is rumbling on with a junior defense minister backing Germany’s Rheinmetall, and the CEO of Leonardo, which owns Oto ...

ROME (Reuters) – Leonardo is still at work to reach a deal for its OTO Melara cannon maker unit, but will need a new government in Rome to be able to finalise any potential agreement, the ...

Under the terms of the contract, Boeing will provide major SDB I mechanical and electrical components and test equipment for production of 500 tactical weapons, 50 four-place weapon carriages, and ...

OTO Melara’s 76 mm naval gun has been in use by the U.S. Navy and Coast Guard since the early 1970s. OTO Melara established a presence at the arsenal under a Congressionally-funded program ...

Contacts Colangelo & Partners PR Lisa Quirindongo, 203-430-3550 lisaq@qfactorcommunications.com or Jonathan LaRochelle, 646-624-2885 ext. 4 jlarochelle@colangelopr.com ...