News

Source: BAE Systems


STRIDSFORDON 90'S FUTURE RESTS WITH MODERNIZATION
Thursday, May 25, 2017

Source: BAE Systems


NEWTOWN, Conn. - The center of gravity for the BAE Systems Hägglunds Stridsfordon 90 tracked armored vehicle program remains the modernization and resale of existing vehicle inventories.

However, new-build serial production of upgraded CV90 series vehicles is ongoing for Norwegian Army procurement, and the prime contractor continues to actively market the series for potential export.

The Stridsfordon 90 family of vehicles has found considerable success on the European defense market, particularly among customers in Scandinavia and the Low Countries.

A considerable number of CV90 series sales are likely to be drawn from surplus vehicle stocks. However, the tentative progress made toward economic recovery within the eurozone, and growing regional anxiety over the course of Russia's military intervention in Eastern Ukraine and expanding military presence in the continent's far north, may prove sufficient to spur a small quantity of new-build orders.

In April 2012, Norway awarded BAE Systems a $1.7 billion contract to upgrade Norway's CV9030 inventories to the CV90 Mk III standard. The contract also calls for the service's current inventory of CV90 vehicles to be supplemented by the acquisition of an additional 41 new-build CV90 Mk III vehicles. After a period of trials and testing with the retrofitted models, BAE Systems marked the launch of new-build serial production in March 2015 with the delivery of the first serial-production unit to the Norwegian Army. All 41 new-build vehicles are scheduled for delivery by 2018.

According to BAE Systems, the new-build vehicles are to be manufactured at a newly established production line at the company's Örnsköldsvik facility in Sweden.

Source: Forecast International Weapons Group
Associated URL: forecastinternational.com
Author: Dean Lockwood, Weapons Analyst 
 

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