This cooperation agreement is a crucial step to enable the two companies to actively contribute to the acceleration of tracked vehicle programmes for their customers. It will also respond to the need of strengthening the European defence sector supply chain, reducing lead time and increasing production capacity.
The aim of the agreement is to share the know-how and experience of IDV and RENK in the development and manufacturing of specialised powertrain solutions, technologies and equipment.
This agreement underlines IDV’s commitment to the defence tracked segment, particularly in the current geopolitical context.