COMPETITIVE · MARKET STRUCTURE · UK Leonardo completes €1.6bn acquisition of Iveco Group Defence Business Change Leonardo completed a €1.6bn acquisition and now owns 100% of the spun-off IDV Group, including the IDV and ASTRA brands. Why it matters Ownership and operational control of the spun-off IDV Group—including the IDV and ASTRA brands and seven R&D centres—now rests with Leonardo, consolidating responsibility for design, development and production of tracked and wheeled armoured, logistic, and tactical military vehicles under Leonardo's corporate control. army-technology.com · 7:50 PM More actions Like (sign in) Save (sign in) Share Facebook LinkedIn X / Twitter Copy link