ROME, Oct 29 (Reuters) - An Italian parliamentary
committee approved on Tuesday a government plan worth some 8.2
billion euros ($8.86 billion) to buy new-generation tanks and
revamp the army's ground forces, two sources close to the matter
said.
The plan is part of a broader initiative by the government
of Giorgia Meloni to boost defence procurement as Europe and
NATO grapple with heightened geopolitical uncertainty.
According to a parliamentary document seen by Reuters, the
programme will run from 2025 to 2038. Some 5.4 billions have
already been earmarked, while arrangements to finance the
remaining 2.7 billion have yet to be established.
"The programme relates to the acquisition of heavy component
platforms with special reference to the new generation Main
Battle Tank (MBT)," the document said.
Italy's Leonardo and Germany's Rheinmetall
said in July that developing the Italian MBT would be
a priority for the joint venture they launched this month.
The parliamentary document makes no direct mention of the
two firms, but one of the sources said the joint venture - named
Leonardo Rheinmetall Military Vehicles or LRM - was expected to
be the project's key industrial partner.
The Panther KF51 designed by Rheinmetall will provide the
basis for the MBT to replace the Ariete tank, which was produced
in the 1990s. Last year, a ministry source told Reuters Italy
had some 200 Ariete tanks, of which only 50 were fully
operational.
($1 = 0.9255 euros)