Turkey's Otokar invited to Romanian military vehicle contract talks

Otokar Otomotiv ve Savunma Sanayi

07/10/2024 05:48

ISTANBUL, Oct 7 (Reuters) - Turkish military and
commercial vehicle manufacturer Otokar  OTKAR.IS  said it had
been invited to contract negotiations for an armoured vehicle
procurement tender held by Romania, worth some $940 million.
    In a statement sent to the Istanbul stock exchange after the
close on Friday, Otokar said it had submitted an offer in March
to participate in the tender opened by C. N. Romtehnica S.A.,
which belongs to the Romanian defence ministry.
    It said that of a total 1,059 4x4 tactical wheeled light
armoured vehicles to be purchased under the tender, 278 will be
manufactured in Turkey at Otokar facilities, while the rest will
be manufactured in Romania.
    The contract for the tender, worth 4.3 billion leu, or $940
million, has not yet been signed, it said.    

 (Reporting by Can Sezer;
Editing by Daren Butler)
 ((daren.butler@tr.com; +90-212-350 7053; Reuters Messaging:
daren.butler.thomsonreuters.com@reuters.net))