Monday, March 02, 2009

Czechs Agree To Buy 107 Steyr APCs For CZK 14 Bln

Czechs Agree To Buy 107 Steyr APCs For CZK 14 Bln
(NSI News Source Info) PRAGUE - March 2, 2009: The Czech government agreed to buy 107 armoured personnel carriers from Austria's Steyr, a unit of General Dynamics, for around 14 billion Czech crowns ($620.3 million), Czech Prime Minister Mirek Topolanek said on Monday. In November 2007, Steyr announced that the first 17 vehicles were ready for delivery. The Czech government subsequently cancelled the contract for the vehicles in December 2007. However, in January 2008, the Czech government stated that the contract may be renegotiated, possibly for a smaller number of vehicles. In March 2008, it was announced that 107 vehicles would be procured. The deal is far less than an originally planned order of up to 234 Pandur carriers in a $1.4 billion deal the Czechs scrapped in December 2007 due to what it said were late deliveries and technical failures. Topolanek said the government had agreed the deal and had given the finance ministry a green light to sign a contract with Steyr.

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