Austria orders 225 PANDUR EVO vehicles for $1.3 billion

VIENNA - General Dynamics (NYSE:GD) European Land Systems - Steyr (GDELS), a subsidiary of the global aerospace and defense company General Dynamics, has secured a contract to supply the Austrian Armed Forces with an additional 225 PANDUR 6x6 EVO wheeled armored vehicles. The deal, valued at 1.2 billion euros ($1.3 billion), builds upon an existing contract for 100 PANDUR EVO vehicles, with the third batch currently in production.

This latest order from the Austrian military includes a range of vehicle variants designed to enhance the forces\' operational capabilities. Among the new additions are vehicles outfitted with a 120 mm mortar combat system, and others prepared for mobile air defense and electronic warfare missions. The contract also covers the provision of conversion kits for various support roles, such as medical and command & control functions.

The PANDUR EVO 6x6, known for its versatility and performance, is manufactured at GDELS\' facility in Vienna Simmering. The site is recognized as the national center of excellence for wheeled and tracked protected military mobility. The PANDUR EVO\'s predecessors have been in service with the Austrian Armed Forces since 1996, and the PANDUR family of vehicles is currently deployed by several countries worldwide, including Belgium, the Czech Republic, Indonesia, Kuwait, Portugal, Slovenia, and the United States.

Antonio Bueno, President of GDELS, expressed pride in the continued partnership with Austria, emphasizing the PANDUR\'s unique multi-role capability and the economic benefits of the collaboration with local industry partners.

General Dynamics, the parent company of GDELS, employs over 100,000 people in 65 countries and reported revenues of $42.3 billion in 2023. The company is known for its wide range of products and services across multiple sectors, including business aviation, ship construction and repair, land combat vehicles, weapons systems and munitions, and technology products and services.

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