Volvo Defense secures 7-year deal for logistics truck with Estonia and Latvia.
NORDIC BUSINESS REPORT-October 4, 2023-Volvo Defense secures 7-year deal for logistics truck with Estonia and Latvia
(C)2023 M2 COMMUNICATIONS http://www.m2.co.uk
Volvo Defense, part of the Volvo Group (STO:VOLV-B), announced on Wednesday that it has secured a 7-year framework agreement with the Estonian Centre for Defence Investments and the Ministry of Defence of Latvia for the supply of logistic trucks.
This agreement, shared with another supplier, involves the delivery of up to 3,000 vehicles, commencing in 2024. The total contract value is approximately EUR440m. Additionally, there's an option to extend the agreement by 3 years if needed.
These Volvo vehicles, based on the reliable FMX model, will encompass...
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