Italy will invest $8.7bn to buy German modernised Leopard 2A8 tanks from 2024 onwards

By: Maksim Panasovskyi | 16.02.2024, 17:13

Italy will renew its tank fleet thanks to German Leopard 2A8s. This is stated in the budget document, which was published with a delay of six months. It also indicates plans to spend $1bn on M142 HIMARS systems.

Here's What We Know

In the summer of 2023, it was reported that the Italian Ministry of Defence was negotiating the purchase of Leopard 2 A7/A8 tanks. At the time, a potential deal worth $4.4-6.6bn was reported.

The new budget document confirms Italy's intention to purchase the German tanks. More than $100 million will be allocated for the purchase of Leopard 2A8s in 2024. By 2037, the amount will increase by about 40 times. Eventually, Italy is ready to spend $8.7bn.

The purchase of Leopard 2A8 does not exclude Italy's participation in the Main Ground Combat System programme. This is a German-French project that will result in a new generation European tank. Returning to Italy, it is worth noting that it intends to purchase 133 new tanks to meet NATO requirements.

Source: Defence News