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 8×8 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.
Iveco Defence Vehicles will provide its 8×8 amphibious armored platform design, core components and services under a contract arrangement worth up to $400 million US Dollars for the first four years, to support BAE Systems in the frame of their contract with the US Marine Corps.
In the frame of the contract awarded by the US Marine Corps to BAE Systems’ team for the manufacture of the next generation of Amphibious Combat Vehicles (ACV), CNH Industrial (NYSE: CNHI /MI: CNHI) subsidiary Iveco Defence Vehicles will provide its 8×8 amphibious armored platform design, core components and services.
“This award represents a milestone in the transformation of Iveco Defence Vehicles into a global player”, said Vincenzo Giannelli, President and CEO of Iveco Defence Vehicles. “Through our partnership with BAE Systems on this program, our know-how and technical excellence have been recognized and are placed at the service of the US Marine Corps. We now have the privilege of contributing to building the future of its amphibious combat vehicles”.
The initial award by the US Marine Corps is for 30 vehicles, with options for a total of 204 vehicles.
The ACV is an advanced 8×8 open ocean-capable vehicle that is equipped with a new six-cylinder, 700hp engine, which provides a significant power increase over the current Assault Amphibious Vehicle. The vehicle delivers best-in-class mobility in all terrain and has a suspended interior seat structure for 13 embarked Marines, blast-mitigating positions for a crew of three, and improved survivability and force protection over currently fielded systems. The team has conducted extensive risk mitigation testing and evaluation for water operations, land mobility and survivability that have proven the solution’s capabilities.
Iveco Defence Vehicles and BAE Systems teamed together in the very early phases of this program to offer a superior solution to the US Marines for their ACV requirement. As a result of this successful teaming relationship, the first 16 prototypes were delivered to the Marine Corps in 2017. Over the past 15 months, the companies supported the US Marine Corps’ Developmental Testing and Operational Assessment of these vehicles whose performance achieved superlative results for water operations, land operations, carry/payload, and protection.
As a leading provider of protected and integrated mobility solutions to military and civil protection customers, Iveco Defence Vehicles brings proven experience, having designed and built more than 30,000 multi-purpose, protected and armored military vehicles in service today.