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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 with a Singapore defense group, creating over EUR 20 million in sales potential by 2030 and strengthening its market position.
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 through advanced vehicle technology, supporting defense forces with reliable systems that improve operational safety and effectiveness worldwide.
Austria's Steyr Motors is powering a futuristic all-terrain vehicle for Singapore's defense sector, showcasing international engineering prowess in specialized engine development.
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Steyr Motors AG has been awarded a development contract by a leading international defense and technology group based in Singapore to develop and supply engines for a new all-terrain vehicle concept.
The customer is a leading international provider of defense and security technologies headquartered in Singapore that develops modern land vehicles, weapon systems, ammunition solutions, and integrated mobility and protection systems for armed forces worldwide.
Steyr Motors will develop and supply the M14TCI-120 4-cylinder vehicle engine, which features high power density, exceptional reliability, and extreme robustness for the all-terrain vehicle concept.
The contract has significant sales potential of more than EUR 20 million by 2030, which exceeds Steyr Motors' previously communicated order backlog and represents additional business beyond existing operations.
According to CEO Julian Cassutti, this contract confirms the international competitiveness of Steyr Motors' products and development team, solidifies their role as a preferred development partner worldwide, and provides a strong foundation for future growth and additional platforms with this customer.
This contract has a strong signaling effect for Asian markets outside of China and reflects growing international demand for powerful and reliable drive systems for modern emergency vehicles.
The announcement was made on January 29, 2026, as indicated in the press release from Steyr, Austria.
According to CEO Julian Cassutti, this collaboration is just as significant as the development contract signed with Rheinmetall Landsysteme GmbH about a year ago.
Steyr Motors' engines are primarily used for military special vehicles, boats (both military and civilian), and as auxiliary power units for main battle tanks and locomotives.
For further information, contact Steyr Motors AG Investor Relations at Phone: +436766222367 or E-mail: ir@steyr-motors.com.
Curated from NewMediaWire
