Business Daily Media

Men's Weekly

.

Iveco Defence Vehicles, shareholder of the Iveco

  • Written by ACN Newswire
Iveco Defence Vehicles, shareholder of the Iveco
LONDON, July 25, 2018 - (ACN Newswire) - The Iveco - Oto Melara Consortium (CIO), which includes Iveco Defence Vehicles, the latter being a subsidiary of CNH Industrial (NYSE: CNHI /MI: CNHI), has signed a contract with the Italian Army for the first tranche of ten Centauro II Vehicles, (named by the Italian Army as "New Blindo Centauro"). The contract was signed on July 24, 2018 in the presence of the Italian Army Chief of Staff and of the Land Armaments Director by the Iveco - Oto Melara Consortium (CIO) senior management at Guidoni Palace, headquarters of the General Secretariat of Defence and of the National Armaments Directorate.

The Centauro II marks a major step forward compared to the previous Centauro I, in terms of power, observation capability, mobility, ergonomics, firing range, communication and maximum crew protection.

Equipped with a new power pack delivering over 700hp and with H-drive architecture, a hallmark of the 8x8 Centauro range, Centauro II features an entirely digital system and a new generation turret mounting with a 120 mm gun.

The result is a new concept of wheeled armored vehicle capable of operating in any scenario: from national security missions, to peace-keeping and support operations including all interventions involving the Italian Armed Forces.

The CIO contract, including vehicles, equipment and logistics, is worth 159 million euros, with some 65 million euros relating to Iveco Defence Vehicles.

This delivery is the first tranche of a total of 136 units.

CNH Industrial N.V. (NYSE: CNHI /MI: CNHI) is a global leader in the capital goods sector with established industrial experience, a wide range of products and a worldwide presence. Each of the individual brands belonging to the Company is a major international force in its specific industrial sector: Case IH, New Holland Agriculture and Steyr for tractors and agricultural machinery; Case and New Holland Construction for earth moving equipment; Iveco for commercial vehicles; Iveco Bus and Heuliez Bus for buses and coaches; Iveco Astra for quarry and construction vehicles; Magirus for firefighting vehicles; Iveco Defence Vehicles for defence and civil protection; and FPT Industrial for engines and transmissions. More information can be found on the corporate website: www.cnhindustrial.com[1]

Sign up for corporate news alerts from the CNH Industrial Newsroom: bit.ly/media-cnhindustrial-subscribe

Media contact:Laura Overall Corporate Communications ManagerCNH IndustrialTel. +44 (0)2077 660 338E-mail: [email protected] www.cnhindustrial.com[2][3]

Attachments20180724_PR_CNH_Industrial_IDV https://bit.ly/2uNJvxjCentauroII_CIO https://bit.ly/2uZwwrJ [4][5]

Topic: Contract Awarded http://www.acnnewswire.com From the Asia Corporate News Network

Copyright © 2018 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

References

  1. ^ www.cnhindustrial.com (www.cnhindustrial.com)
  2. ^ [email protected] (www.acnnewswire.com)
  3. ^ www.cnhindustrial.com (www.cnhindustrial.com)
  4. ^ https://bit.ly/2uNJvxj (bit.ly)
  5. ^ https://bit.ly/2uZwwrJ (bit.ly)

Read more http://www.acnnewswire.com/press-release/english/44998/

Australia’s Young Entrepreneurs Redefining Success Through Legacy and Community Impact

A new generation of young Australian small business owners is redefining success, driven by a desire to create a lasting legacy through the positi...

Lessons in AI: How LoanOptions.ai Shows What Smart Adoption Really Looks Like

In a world where many small businesses are still trying to work out how to actually use AI (not just talk about it), Australian fintech LoanOption...

Driving smarter: how car subscription models are redefining mobility and financial flexibility

The world of mobility is changing fast, and car ownership is no longer the default. Across Australia, professionals and businesses alike are seeki...

The Future of Wealth Technology

“You shouldn’t need a large account balance to experience real-time investing. Technology should make that kind of access universal.” For decades...

Thryv wins national accolade at 2025 Australian Service Excellence Awards

  Thryv® (NASDAQ: THRY), Australia’s provider of the leading small business marketing and sales software platform, announced that Greg Nicolle, G...

pay.com.au unveils first-of-its-kind FX rewards feature, becoming the most flexible rewards solution for Aussie businesses

pay.com.au, the end-to-end payments and rewards platform, today announced the launch of International Payments, Australia’s first foreign exchange...