Croatia gets first 22 Bradley fighting vehicles

Croatia has said earlier will pay some $145 million (134 million euro) for the vehicles, while the US has provided nearly $57 million in military grant assistance.

Croatia has agreed to purchase the Bradley vehicles as part of cooperation efforts with Washington and plans, as a NATO member, to establish an infantry brigade.

"This powerful platform will boost the capacities of the Croatian Army, strengthen NATO’s defensive posture in the region, and offer enhanced opportunities for the Croatian military to train and partner with the United States Armed Forces," the Embassy said.

The Bradley fighting vehicles will be fully refurbished by Croatia's Djuro Djakovic group [ZSE:DDJH]. The extensive refurbishment process will consist of an overhaul of the vehicles’ drive train, installation of new weapons systems and armament, painting, and inspection to ensure the vehicles all meet the highest standards of performance.

Shares of Djuro Djakovic last traded on Tuesday on the Zagreb bourse ending flat at 26 euro.

($ = 0.927 euro)