Otokar signed a contract with Romania to export 1059 4×4 Light Armoured Tactical Vehicles for a total cost of $ 934 million.
OTOKAR notified the Public Disclosure Platform (KAP) to state that the 4×4 Tactical Wheeled Light Armoured Vehicle tender in Romania was concluded in favour of the Company.
The statement indicates that the first 278 vehicles will be produced in OTOKAR facilities, and the remaining part will be produced in Romania.
OTOKAR’s statement reads, “In the material event disclosure we made on 20.03.2024, it was shared with the public that our Company submitted a bid for the Tender for the purchase of 4x4 Light Armoured Tactical Vehicles which opened by Romanian Ministry of National Defence’s Company C. N. Romtehnica S.A. (Romtehnica). Following the completion of the technical evaluation, field tests and commercial evaluation processes, the official invitation letter for the contract negotiations has been sent to our Company by the tender authority.
Within the scope of the Tender amounting to 4.263.286.655,66 RON (Romanian Leu), there are a total of 1.059 4x4 Light Armoured Tactical Wheeled Vehicles and some integrated logistics support services; the first 278 vehicles will be produced in Otokar facilities, the rest of which will be produced in Romania in a structure to be determined in the future.
The signing of the related contract and other important developments on the subject will be shared with our investors.
