The Australian Government is set to invest a total of A$5.2bn ($4.09bn) to acquire a fleet of 211 new combat reconnaissance vehicles (CRVs) that would strengthen mobility and firepower of its defence force.
The new vehicles will be constructed and delivered domestically to the Australian Defence Force’s (ADF) fleet.
Germany-based automotive parts supplier and military technology group Rheinmetall signed a contract to carry out the project.
The company has been selected after completing a three-year tender and testing process that evaluated the capability of its Boxer CRV to be deployed with the ADF.
Once in service with the ADF, the new fleet of CRVs is expected to provide enhanced safety to Australian soldiers that are currently deployed and carrying out exercises across the globe.
The new vehicles are designed to replace the army’s existing Australian Light Armoured Vehicle fleet. They will be used to carry out a wide range of missions to ensure regional stability and peacekeeping, in addition to high-threat operations.
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By GlobalDataDuring the entire 30-year vehicle service period, the Australian industry will be able to secure A$10.2bn ($8.03bn) of the total investment in procuring and maintaining the CRV vehicle fleet. This is expected to generate up to 1,450 job opportunities across the country.
The CRVs are part of the government’s A$200bn ($157.58bn) investment in the nation’s defence capabilities over the next decade. They will help ensure that the ADF is equipped to operate in a challenging strategic environment.