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FAQ: Steyr Motors' Development Contract with Singapore Defense Group for All-Terrain Vehicle Engines
TL;DR
Steyr Motors AG secured a strategic development contract from a Singapore defense group, gaining over EUR 20 million in sales potential by 2030 and strengthening its position in Asian markets.
Steyr Motors AG will develop and supply its M14TCI-120 4-cylinder engine for a new all-terrain vehicle, combining high power density, reliability, and robustness for mission-critical applications.
This collaboration enhances global security and emergency response capabilities by providing reliable drive systems for modern emergency vehicles, making critical operations safer and more effective worldwide.
Steyr Motors AG's new contract with a Singapore defense group showcases Austrian engineering powering future all-terrain vehicles with engines built for extreme conditions and high performance.
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Steyr Motors AG has been awarded a development contract from a leading international defense and technology group based in Singapore to develop and supply engines for a new all-terrain vehicle concept.
A leading international provider of defense and security technologies headquartered in Singapore, which develops modern land vehicles, weapon systems, ammunition solutions, and integrated mobility and protection systems for armed forces worldwide.
The M14TCI-120 4-cylinder vehicle engine, which offers high power density, exceptional reliability, and extreme robustness for mission-critical applications.
The contract includes development services and indicates significant long-term sales potential, with an expected order volume exceeding €20 million by 2030, which exceeds Steyr Motors' previously communicated order backlog.
Julian Cassutti states it confirms the company's international competitiveness, sends a strong signal to Asian markets outside China, solidifies their role as a preferred development partner worldwide, and provides a foundation for further platforms with this customer.
The CEO describes it as equally significant as their development contract with Rheinmetall Landsysteme GmbH signed about a year ago, and it exceeds their previously communicated order backlog in potential value.
Their engines are primarily used for military special vehicles, boats (both military and civilian), and as auxiliary power units for main battle tanks and locomotives.
Steyr Motors AG is headquartered in Steyr, Austria.
The announcement was made on January 29, 2026.
Steyr Motors AG Investor Relations can be contacted at Phone: +436766222367 or E-mail: ir@steyr-motors.com.
Curated from NewMediaWire
