Leonardo Secures $371M Naval Combat Systems Contract with Kuwait
Leonardo has contracted with Abu Dhabi Ship Building for naval combat systems valued at €320 million ($371.10 million) for the Kuwait Navy. This deal enhances their collaboration and supports the development of a potential joint venture.
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Leonardo has finalized a €320 million ($371.10 million) contract with Abu Dhabi Ship Building to supply naval combat systems to the Kuwait Navy. This agreement signifies an advancement in the partnership between Leonardo and the Emirati defense group EDGE, paving the way for a prospective joint venture.
Previous collaborations have resulted in the delivery of over 25 vessels. The establishment of this contract is likely to enhance regional defense capabilities and increase market competitiveness in naval systems.
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