IDV signs contract with the Italian Army to supply 1,453 tactical-logistic trucks

Turin, 19 thDecember 2024.IDV, the brand of Iveco Group (EXM: IVG) specialised in defence and civil protection equipment, has signed a contract with the Direzione Armamenti Terrestri (DAT) of the Italian Ministry of Defence for the supply of 1,453 tactical-logistic trucks. The new vehicles, to be delivered in the period extending from 2025 to 2038, represent an important step in the renewal and modernisation of the Italian Army's fleet of tactical-logistic vehicles. The value of the...

TORINO, 19/12/2024 (informazione.it - comunicati stampa - economia)

Turin, 19 December 2024. IDV, the brand of Iveco Group (EXM: IVG) specialised in defence and civil protection equipment, has signed a contract with the Direzione Armamenti Terrestri (DAT) of the Italian Ministry of Defence for the supply of 1,453 tactical-logistic trucks. The new vehicles, to be delivered in the period extending from 2025 to 2038, represent an important step in the renewal and modernisation of the Italian Army's fleet of tactical-logistic vehicles. The value of the overall contract is 755 million euros.

The contract is for the supply of a variety of military logistic platforms based on the new IDV truck range and equipped with tactical cabins. The vehicles will be manufactured in the Iveco Group Piacenza plant and will come in diverse configurations   ̶ from troop and material transport to water tankers, fuel tankers, container carriers, recovery vehicles and towing systems   ̶ offering a deep logistical commonality among the different platforms as well. These are next-generation vehicles that ensure customers the highest levels of mobility, safety, manoeuvrability and reliability.

Entering into this new contract with the Italian Army reaffirms IDV's ability to contribute advanced technologies, manufacturing capabilities and supply chain governance to meet the most demanding requirements of its global customer base.

Iveco Group N.V. (EXM: IVG) is the home of unique people and brands that power your business and mission to advance a more sustainable society. The eight brands are each a major force in its specific business: IVECO, a pioneering commercial vehicles brand that designs, manufactures, and markets heavy, medium, and light-duty trucks; FPT Industrial, a global leader in a vast array of advanced powertrain technologies in the agriculture, construction, marine, power generation, and commercial vehicles sectors; IVECO BUS and HEULIEZ, mass-transit and premium bus and coach brands; IDV, for highly specialised defence and civil protection equipment; ASTRA, a leader in large-scale heavy-duty quarry and construction vehicles; MAGIRUS, the industry-reputed firefighting vehicle and equipment manufacturer; and IVECO CAPITAL, the financing arm which supports them all. Iveco Group employs more than 36,000 people around the world and has 20 industrial sites and 29 R&D centres. Further information is available on the Company's website www.ivecogroup.com

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