Latest News

JK Tyre Launches ‘Shresth Plus’ Premium Tractor Tyre |

New Holland Launches WORKMASTER 105 in Telangana|

Case IH Expands Dealer Network with Townson Tractors|

Mahindra Appoints Harsh K. Rai as CEO for Farm Division|

New Holland Debuts 3032 TX Smart Tractor at KDE 2026|

Komatsu Debuts New Machines at ConExpo 2026|

Gencor Showcases New Innovations at ConExpo 2026|

Zoomlion to Showcase Construction Tech at CONEXPO|

Swaraj Tractors Extends Partnership with MS Dhoni|

SAKAI Debuts Pneumatic Tire Roller at CONEXPO|

Blaw-Knox Showcases New Highway-Class Pavers |

Tadano Debuts Aerial Work Platforms at CONEXPO 2026|

RUBBLE MASTER Launches Impact Crushers 2026|

BOMAG Showcases Compaction Equipment at CONEXPO|

John Deere Upgrades 8-Series with New 8R and 8RX Models|

Massey Ferguson Updates MF 9S Tractor Series|

Discover Battery Showcases Lithium Tech at ConExpo|

Link-Belt Unveils New Excavators at ConExpo 2026|

JLG Showcases Smart construction Tech at CONEXPO|

Epiroc Showcases Construction Technology at CONEXPO|

Escorts Kubota Tractor Sales Growth in February 2026|

John Deere Introduces 130HP 5M Series Tractor in India|

VST Reports 36% Sales Growth in February 2026|

AGCO Corporation Appoints Holtberg-Benge as CIO|

Sinoboom Introduces Dual-ETM Smart Technology|

Zoomlion Unveils North America Machines at CONEXPO|

Sinoboom Showcases Smart Technology at CONEXPO|

Lingong Showcases New Equipment at CONEXPO 2026|

DEVELON Unveils -9 Series Excavators at CONEXPO 2026|

Nordson Precision Agriculture Acquires CapstanAG |

Titan Appoints Kendra Mann AG Aftermarket Director|

HD Construction Equipment Grows in Australia|

Doosan Bobcat Expands India Excavator Reach |

Bank of Baroda Partners with Tata Hitachi and SANY|

VST Showcases Farm Machinery at Krishi Expo|

CASE Construction Updates G Series Wheel Loaders |

John Deere & Tarter Launches Rotary Cutters|

Mitas Launches Mitrak Agricultural Rubber Tracks|

SANY Introduces SSR212 Single-Drum Roller |

Liebherr Launches New R 9100 Gen 8 Mining Excavator|

Shaktiman Expands Women in Agri Mechanization|

SIP Expands New STAR Rotary Rake Range|

Epiroc Launches New Gen Mining EV Charging System|

American Augers M150D Fluid Cleaning System|

Komatsu Unveils New D175AX-10 Large Dozer|

VST Tractor Sales Rise 12.5% in March 2026|

Metso Expands Nors Exclusive Distribution Territory |

BEML Launches First Indigenous Electric Dump Truck|

Sonalika Tractors Highest-Ever Sales in FY’26|

TAFE Records Highest-Ever Tractor Sales in FY26|

Caterpillar Appoints Kyle Epley as New CFO |

King Kutter Appoints Hughes as New Sales Director|

KUHN Unveils Mowers and Balers at Scotgrass|

Conmat Opens New Assam Manufacturing Plant|

Ammann Delivers ABG 7920 Paver in Tamil Nadu|

Bull India Debuts AV740 Skid Steer in U.S.|

All
- Loading...

About Us|T & C|Contact|Privacy

onClick=handleToggle

Subscription Plans

Grow better with the right plan

Choose only the relevant plan group and compare a cleaner set of cards on mobile.

Compare the individual plans only, with a cleaner mobile layout built for solo users.

Individual Basic

Individual Plan

Built for individual professionals who need premium news access and a clean entry plan.

₹0.00

/year

Individual Pro

Individual Plan

Designed for advanced individual users who need more tools and broader content access.

₹0.00

/year

IDV Secures Contract with Brazilian Army for LMV-BR 2 Vehicles

Business |Agreements & Stratergies

Brazilian Army signs 10-year contract with IDV for 420 units of LMV-BR 2 vehicles, deliveries begin in 2026

1015 views | Date: July 8, 2024

IDV Secures Contract with Brazilian Army for LMV-BR 2 Vehicles

Want a quick snapshot?

View Flash Reports and insights for this market.

Click to explore interactive charts & trends.

Turin, Italy - Iveco Group N.V., through its IDV brand specializing in defence and civil protection equipment, has secured a contract with the Brazilian Army. Signed via the Army Manufacturing Directorate, the contract entails the delivery 420 units of LMV-BR 2 (Light Multirole Vehicle) over the next decade, with initial deliveries started for 2026. This agreement, valued at 1.4 billion Brazilian reais (approximately 235 million euros at the current exchange rate), represents a significant milestone in the enduring partnership between IDV and the Brazilian Army. This collaboration including the provision of 700 units of the 6x6 amphibious armored vehicle “Guarani” and 32 units of the LMV-BR.

The new LMV-BR 2 vehicles, referred to as “Guaicurus” in Brazil, will be manufactured at IDV’s facility in Sete Lagoas, Brazil.