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Volvo Defense secures 7-year logistics truck deal with Estonia and Latvia.

Volvo Defense, a division of Volvo Trucks, has entered a 7-year framework agreement with the Estonian Centre for Defence Investments and the Ministry of Defence of Latvia to supply logistics trucks. Volvo is oneof two chosen suppliers, and they will jointly deliver up to 3,000 vehicles starting in 2024. The total value of the contract is approximately 440 million Euros and can be extended by 3 years if needed.
The signing ceremony for the contract took place in Tallinn, Estonia, with representatives from the Estonian and Swedish governments present.
The Volvo vehicles will include five truck configurations based on Volvo Trucks' reliable FMX model. The agreement also encompasses a comprehensive maintenance and spare parts program, and the vehicles will be produced at Volvo Trucks' Tuve assembly plant in Gothenburg, Sweden.
Andreas Svenungsson, President of Volvo Defense, expressed his enthusiasm about the agreement, emphasizing Volvo's commitment as a long-term business partner. This agreement builds upon the longstanding relationship between Volvo Defense and the Estonian armed forces, dating back to the first deliveries in 2014.
Estonia and Latvia have established markets for Volvo Trucks with a stable infrastructure for sales and aftermarket services. Erko Sepri, Strategic Category Manager of the Estonian Centre for Defence Investments, highlighted the significance of the contract for Estonia, as it allows them to acquire custom-built vehicles tailored to their defense forces' specific needs. Volvo's vehicles have proven their suitability for the Estonian climate and environment over the years of use.
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  • Gorffly mokua

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    37 w

    Securing a 7-year logistics truck deal not only highlights the trust placed in Volvo's expertise but also underscores the importance of reliable and efficient transportation in the defense sector.

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    • johnte ndeto

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      41 w

      Logistics play major roles in our society but on this Matter they've really proven to be reputable platforms

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      • Princess

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        41 w

        This is a significant achievement in the defense sector.

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        • dickson mutai

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          41 w

          Great to Volvo for their pivotal role in advancing sustainable logistics

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          • Elizabeth Gathigia

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            41 w

            This is great

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            • zelda ninga

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              41 w

              The company has also been upfront about the emissions that need to be offset to make electric vehicle and battery production truly sustainable and has set a mission to do so just for its EV supply chain, aiming to reduce emissions from the supply chain by 25% by 2025.

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