The Norwegian and Swedish Defence forces have signed an agreement for procurement of light commercial vehicles with Arctic Trucks, Norway. Saga Investment Bank is the advisor of Arctic Trucks regarding the financing of the company.
The contract is a 4 year framework agreement with extension possibility up to 10 years with the NDLO, the Norwegian Defence Logistic Organisation and FMV, The Swedish Materiel Administration.
The agreement also includes a full scale solution for a vehicle system, including training of drivers and mechanics as well as logistic services for maintenance, repairs and spare parts both domestically and on international level.
This contract is the result of international competitive tender process which was held jointly by the two nations. The Finnish and Danish Defence forces have the option to buy vehicles under this framework agreement and the contractors have the option of extending this up to 10 years.
Arctic Trucks is building their solutions on a Toyota platform with two configurations, Land Cruiser 200 and Hilux 6x6 which has been developed by Arctic Trucks and offers increased off road capability and carry of payload. All configurations will be available with and without armouring in number of specifications and arrangements.
The first initial order is for 53 armoured and unarmoured vehicles for Norway with total value of NOK 130 millions. The Norwegian army is responding to increased threat of attacks by building a bigger fleet of armoured vehicles for domestic and international use in the lighter range of vehicles for commercial use.
