Published: October 05, 2009
Navistar Defense and Tatra Form Strategic Alliance
WARRENVILLE, Ill. - (BUSINESS WIRE) - Navistar Defense, LLC and Tatra, a.s., a heavy-duty truck manufacturer
located in Koprivnice, Czech Republic, have signed an agreement to
jointly develop, produce and market new military tactical off-road
trucks.
The new vehicle will utilize Navistar engines and other components in
addition to Tatra's proven backbone-tube chassis design and independent
suspension system. Tatra's chassis concept was originally developed in
1923 and today uses swinging half-axles for exceptional off-road
mobility and added resistance against chassis wear and tear.
"We believe the Tatra chassis is the most capable off-road suspension
system available anywhere in the world," said Archie Massicotte,
president, Navistar Defense. "By joining with Tatra, the team is
positioned well to compete for new vehicle programs with U.S. and Allied
Forces. Upcoming opportunities include the Israel Medium Tactical Truck
(MTT) and Canada 10 x 10 wrecker programs."
Under the agreement, a Navistar and Tatra branded truck will be marketed
under Navistar Defense in all North American markets including the
United States military and Foreign Military Sales financed by the United
States government. Tatra will also source parts and components through
Navistar's global parts and support network for Tatra trucks delivered
in markets outside of North America.
"We are tremendously excited about this strategic alliance with Navistar
Defense," said Ronald Adams, board of directors' chairman and CEO,
Tatra. "Navistar is a great company with a proven track record of
success and a very fine team of professionals covering all disciplines
of the truck business."
Tatra and Navistar Defense have also agreed to market and sell new
Navistar-Tatra trucks in their respective existing markets around the
world. Navistar will manufacture vehicles developed under the alliance.
Tatra, a.s.
Tatra, a.s., located in Koprivnice, Czech Republic, is a long-time
manufacturer of heavy-duty, all-wheel-drive, off-road trucks and
chassis-cabs. The company's integrated line of commercial and special
vehicles can perform in off-road environments as well as on both paved
and unpaved roads.
About Navistar
Navistar International Corporation (NYSE: NAV) is a holding company
whose subsidiaries and affiliates produce International brand
commercial and military trucks, MaxxForce brand diesel engines, IC Bus
brand school and commercial buses, Monaco RV brands of recreational
vehicles, and Workhorse brand chassis for motor homes and step vans. It
also is a private-label designer and manufacturer of diesel engines for
the pickup truck, van and SUV markets. The company also provides truck
and diesel engine service parts. Another affiliate offers financing
services. Additional information is available at www.Navistar.com/newsroom.
Navistar
Media contact: Elissa Koc, 630-753-2669
Investor
contact: Heather Kos, 630-753-2406
Web site: www.Navistar.com/newsroom
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