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Tag: Iveco

Italy Ariete tanks
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Italy Awards Nearly $1B Ariete Tank Upgrade Contract to Iveco-Oto Melara Venture

The Italian government has signed a $928.6 million deal with CIO, an Iveco and Oto Melara consortium, to upgrade its fleet of aging Ariete tanks.  Under the deal, CIO will replace the battle tanks’ engines with a new version that boasts 1,500 horsepower. The ground weapon system will also get new mine protection kits, modernized turrets, software-defined radios...