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Rába signs contract with Defense Min

Vehicle maker Rába Nyrt said yesterday it signed orders with the Defense Ministry on Wednesday to supply military vehicles worth Ft 6.7 billion, including VAT, in the next two years.

Rába has been supplying trucks worth Ft 4.8 billion in 2005, and trucks worth another Ft 4.8 billion in 2006 under a contract signed in February 2005. The order for 2005 was in addition to Ft 1.2 billion in orders the Defense Ministry placed with Rába for 2005 in 2004. The orders are part of a 15-year supply contract worth Ft 20 billion Rába signed with the Ministry in 2003. Rába will deliver trucks of its own H family and will also deliver Mercedes-Benz and MAN vehicles it converts or upgrades for Hungary's defense forces.