#Navistar Defense Medium Tactical Vehicle
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U.S. Army Awards Navistar Defense $22M FMS Order for 134 Medium Tactical Vehicles
#USArmy Awards #NavistarDefense $22M FMS Order for 134 Medium Tactical Vehicles.
The U.S. Army awarded Navistar Defense, LLC a Foreign Military Sales (FMS) contract delivery orders valued at $21.97 million for 134 Medium Tactical Vehicles (MTV).
The orders are comprised of 4×4 cargo vehicles, 6×6 general transport trucks (GTT), 6×6 GTT vehicles with material handling equipment (MHE), and 6×6 30-ton wreckers, along with spare parts and technical data.
The vehicles’ end-user is…
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#Foreign Military Sales (FMS)#Iraq#Iraqi Security Forces (ISF)#Military recovery vehicle#Military truck#Navistar Defense#Navistar Defense Medium Tactical Vehicle#Navistar International#U.S. Army#USA
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Armored Vehicle Market Regional Overview, Key Companies, Growth Trends & Regional Overview, 2025
The global Armored Vehicle Market research report provides complete insights on industry scope, global trends, regional estimates, key application, competitive landscape and financial performance of prominent players. It also offers ready, data-driven answers to several industry-level questions. This study enables numerous opportunities for the market players to invest in research and development.
Market Overview:
The global armored vehicle market size is projected to touch USD 36.4 billion by 2025, as per a new report by Million Insights. The market is anticipated to expand at 5.4% CAGR from 2019 to 2025. The rise in insurgencies and terrorism activities across the world is driving the demand for armored vehicles.
Key Players:
BAE Systems
Elbit Systems Ltd.
General Dynamics Corporation
INKAS Armored Vehicle Manufacturing
International Armored Group
Iveco
Krauss-MaffeiWegmann GmbH & Co.
Lenco Industries, Inc.
Lockheed Martin Corporation
Navistar, Inc.
Oshkosh Defense, LLC
Rheinmetall AG
Request free sample to get a complete analysis of top-performing companies @ https://www.millioninsights.com/industry-reports/armored-vehicle-market/request-sample
Growth Drivers:
Armored vehicles have layers of stainless steel and depleted uranium and are equipped with a weapon that has operation mobility ability, tactical offensive and combine defensive capabilities. Further, the use of artificial intelligence-based object tracking features is anticipated to boost the market growth.
Government expenditure on safeguarding military personnel has increased considerably in the past few years. This has resulted in procuring advanced armored vehicles that are lightweight and fuel-efficient. Considering the growing demand for advanced vehicles, companies are also strengthening their manufacturing capabilities. For example, BAE Systems, in 2018, developed an Armored Multi-Purpose Vehicle (AMPV) that has mine roller systems. This vehicle helps protect against explosive devices.
Product Outlook:
Defense Armored Vehicle
Commercial Armored Vehicle
Armored Personnel Carrier (APC)
Infantry Fighting Vehicles (IFV)
Light Protected Vehicles (LPV)
Main Battle Tanks (MBT)
Mine-resistant Ambush Protected (MRAP)
Tactical Vehicle
Bus/Van
Limousine
Sedan
SUV
Regional Insights:
In 2018, Asia Pacific accounted for the highest share in the revenue by generating USD 7.9 billion. Growing spending by governments in consolidating their military power amid increasing external and internal threats is attributing to the growth of the region.
Major countries in Asia Pacific such as South Korea, China and India are making significant investments in procuring state-of-art armored vehicles. For example, South Korea, in 2018, decided to set up a research establishment to strengthen its military prowess by procuring advanced armored vehicles.
Key market players are also investing hugely in Asia Pacific to develop hybrid vehicles for border patrolling and maritime activities. Further, increasing demand for medium and lightweight armored vehicles is estimated to bolster regional demand.
Browse Related Category Research Reports @ https://blog.naver.com/tomclark
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Navistar Defense Receives $11.4 Million Contract to Transport Trucks to Iraq
Navistar Defense, Melrose Park, Illinois, was awarded an $11,442,992 firm-fixed-price Foreign Military Sales (FMS) contract for 6×6 and 4×4 general transport trucks, recovery vehicles, and spare parts to Iraq. Bids were solicited via the internet with five received. Work will be performed in Springfield, Ohio; and Ooltewah, Tennessee, with an estimated completion date of Feb. 28, 2021. U.S. Army…
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Navistar Defense Receives $11.4M FMS Contract to Supply 4x4, 6x6 Trucks to Iraq
#Navistar Defense Receives $11.4M #FMS Contract to Supply 4x4, 6x6 Trucks to #Iraq.
Navistar Defense was awarded a Foreign Military Sales (FMS) contract, worth around $11.4 million, to supply 4×4 and 6×6 military trucks to Iraq.
The contract includes general transport trucks, and recovery vehicles, along with spare parts. Bids were solicited via the internet with five received. The U.S. Army Contracting Command (ACC) at Detroit Arsenal (DTA), Michigan, is the contracting…
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#Foreign Military Sales (FMS)#International 7000-MV#Iraq#Light Tactical Vehicle#Military truck#Navistar Defense#Navistar International#U.S. Army Contracting Command (ACC)
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Navistar Defense to Supply Trucks to Somalia
Navistar Defense to Supply Trucks to Somalia
Navistar Defence LLC has been awarded a $26 million firm-fixed-price Foreign Military Sales (FMS) contract from the U.S. Army Contracting Command (ACC) to supply 6×6 transport and recovery trucks to Somalia, which will receive the medium tactical vehicles by the end of 2022. The contract is for two commercial MTV variants – the 6×6 General Transport Truck and the 6×6 Wrecker Vehicle Recovery…
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Navistar Defense to Supply Medium Tactical Vehicles to Somalia
#NavistarDefense to Supply Medium Tactical Vehicles to #Somalia. #700MV
Navistar Defense LLC has been awarded a firm-fixed-price Foreign Military Sales (FMS) contract, worth $24.5 million, from the U.S. Army Contracting Command (ACC) to supply medium tactical vehicles to Somalia.
The contract is for two commercial MTV variants – the 6×6 General Transport Truck and the 6×6 Wrecker Vehicle Recovery Truck – and spare parts.
The International 7000-MV is a family of 6×6…
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#Foreign Military Sales (FMS)#International 7000-MV#Military recovery vehicle#Military truck#Navistar Defense#Somalia#U.S. Army Contracting Command (ACC)#USA
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Navistar Defense gets $18 million U.S. Army contract
Navistar Defense gets $18 million U.S. Army contract
Mississippi plant to build 115 vehicles for use in Iraq. Navistar Defense LLC announced it received an $18.8 million contract from the U.S. Army. The foreign sales contract is for 115 International 7000-MV Medium Tactical Vehicles (MTV) to Iraq. Navistar said these vehicles are based on the International WorkStar severe-duty platform designed for both off and on-road operation and is the backbone…
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