Leonardo, Iveco win Brazil order worth up to 2 billion euros, Italy's defence minister says
Reuters
Published Nov 25, 2022 18:01
Updated Nov 25, 2022 18:35
MILAN (Reuters) -A consortium of defence group Leonardo and commercial vehicle maker Iveco has won an order to supply Brazil's army with 220 armoured vehicles worth up to 2 billion euros ($2.08 billion), Italy's defence minister said on Friday.
"(This) demonstrates the excellence of Italian industry in the world and excellent teamwork," Guido Crosetto said in a statement.
CIO, the 50-50 consortium between Leonardo and Iveco, later on Friday said in a separate statement that it had won the contract to supply 8-wheel drive Centauro II armoured vehicles fitted with a 120 mm armament.
It did not say how many vehicles it would supply nor give the value of the deal.
($1 = 0.9614 euros)
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Written By: Reuters
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