Italy awards first Centauro II contract

The Italian Ministry of Defence has signed a EUR159 million (USD186 million) contract with the Iveco-Oto Melara consortium (CIO) for first 10 Centauro II fire-support vehicles.
CIO unveiled its new Centauro II fire-support vehicle at Eurosatory 2016.Photo by: IHS Markit/Nick de Larrinaga
CIO stated in a 24 July press release that the contract covers the first tranche of 136 Centauro IIs that will be ordered by the Italian Army and includes spares and logistics support for the 10 vehicles.
Under the terms of the contract, Iveco Defence Vehicles is responsible for the vehicles’ automotive components and hulls, its part being worth EUR65 million. Leonardo, which subsumed Oto-Melara in 2015, is responsible for the armament, mission systems, and final integration of the turret on the hulls: a share worth EUR92 million.