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Sep 14, 2023 16:01 EEST
September 14 (SeeNews) - Croatia's Djuro Djakovic group [ZSE:DDJH-R-A] said on Thursday that its unit Djuro Djakovic Special Vehicles has signed a $3.8 million (3.5 million euro) deal with the U.S. subsidiary of international defence, aerospace and security company BAE Systems for cooperation in the procurement of Bradley fighting vehicles to Croatia.
The contract was signed in order to carry out the initial phase of a project to deliver Bradleys to the Adriatic country, Djuro Djakovic said in a filing to the Zagreb bourse, without elaborating.
In January 2022, prime minister Andrej Plenkovic said that Croatia has agreed to pay $145.3 million for the purchase of 89 Bradley infantry fighting vehicles from the U.S., aiming to improve the capabilities of its land forces and fulfil its commitments as a member of NATO. Under the agreement, Croatia will acquire 62 Bradley fighting vehicles, 22 vehicles for spare parts and five vehicles for training. An upgrade of the fighting vehicles will be carried out by Djuro Djakovic Special Vehicles from 2023 to 2026, Plenkovic said back then.
Shares of Djuro Djakovic group last traded on September 7 on the Zagreb Stock Exchange, closing 2.03% lower at 29 euro.
($ = 0.932 euro)
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