Reprogramming the Slovenian vehicle deal

A reprogramming of the Slovenian 8x8 vehicle deal has been in media focus for quite some time. Informal discussions with the MoD have indicated that a substantially lower number of vehicles and an enhancement of armament would be the relevant issues.

13 vehicles have been delivered to MoD and paid to Patria so far and approximately the same number of vehicles is at this moment in various stages of completeness and some almost ready for delivery. It has been indicated to Patria that the MoD has presently no funding for these vehicles.

In order to control the capital employed in an increasing number of finished vehicles, temporary measures has been imposed on the production of additional vehicles. The production is not discontinued but will be concentrated on finalising those vehicles that might be delivered later this year and during next year.

Indop and Patria have established a long-lasting cooperation in production of vehicles.

Patria has expressed its willingness and has for quite some time waited to be formally invited to renegotiate the scope of the contract.

Contact person:

Patria Land & Armament Oy
Seppo Seppälä
President
Mobile: +358 40 869 2680