Brief: Otokar Signs Export Contract Around $110 Million To Sell Tactical Wheeled Armored Vehicles

Otokar Otomotiv ve Savunma Sanayi

26/10/2020 15:26

Oct 26 (Reuters) - OTOKAR OTOMOTIV VE SAVUNMA SANAYI AS  OTKAR.IS :
    * OTOKAR SIGNS EXPORT CONTRACT AMOUNTING TO APPROXIMATELY $110 MILLION TO
SELL OF
4X4 AND 8X8 TACTICAL WHEELED ARMORED VEHICLES INCLUDING THEIR SPARE PARTS AND
TRAINING SERVICES
    * CONTRACT WILL BE EFFECTIVE FOLLOWING COMPLETION OF LETTER OF GUARANTEE
TRANSACTIONS, RECEIPT OF  ADVANCE PAYMENT AND OBTAINING NECESSARY PERMISSIONS
FOR EXPORT
    * DELIVERIES OF THE VEHICLES ARE PLANNED TO BE STARTED IN 2021 AND COMPLETED
UNTIL
THE END OF 2022

Source text for Eikon:  ID:nIKAc7qFPg 
Further company coverage:  OTKAR.IS 

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