Date: November 28, 2024
Otokar signed the agreement through which Romania’s Ministry of National Defense awarded the company the supply of the 1,059 COBRA II 4x4 light tactical armored vehicles at a value equivalent to approximately 857 million euro (excluding VAT).
Within the scope of the contract, the first 278 COBRA II 4x4 tactical light armored vehicles will be manufactured in Türkiye while the rest will be manufactured in Romania. The deliveries are planned to be initiated in the last quarter of 2025 and be completed in batches over 5 years. The tender also includes some integrated logistics support services in addition to 1,059 4x4 Light Armored Tactical Wheeled Vehicles.
On March 20, 2024 Otokar had submitted its bid for the tender for the purchase of 4x4 Light Armored Tactical Vehicles initiated by C.N. Romtehnica S.A., as a representative of the Ministry of National Defense. Following the successful completion of the technical evaluation, field tests and financial evaluation phases, on October 4, 2024 Otokar was informed that it had been declared as the winner of the tender.