PRESS RELEASE Corporate

Tognum repowers approx. 300 APCs for Saudi Arabia

Posted on June 17, 2008

Tognum subsidiary MTU Friedrichshafen has been awarded the order for the repowering of approximately 300 Saudi M113 type APC engines. Contractual partner is the Turkish defense engineering contractor FNSS Savunma Sistemleri A.S., who has been commissioned by the Saudi Forces with the modernization of roughly 300 of the 1,750 existing M113 APCs.
  • Order volume of approx. €10 million
  • Approximately 300 Model 6V 53T Engines for APCs

Friedrichshafen, 17 June 2008. Tognum subsidiary MTU Friedrichshafen has been awarded the order for the repowering of approximately 300 Saudi M113 type APC engines. Contractual partner is the Turkish defense engineering contractor FNSS Savunma Sistemleri A.S., who has been commissioned by the Saudi Forces with the modernization of roughly 300 of the 1,750 existing M113 APCs. The contractual value for mtu is approx. €10 million, with the delivery of the engines scheduled for 2008 and 2009.

The Series 53T 6-cylinder engines were initially delivered by Tognum subsidiary MTU Detroit Diesel. They provide a power output of 260 kW (350 bhp), and more than 80,000 have so far been sold world-wide. They have been proving their ruggedness, reliability and ease of maintenance in military vehicles for more than five decades. Equipped with the latest engine technology, Series 53 even complies with the requirements of the 400 hour NATO test.


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Tognum


Tognum is one of the world’s leading suppliers of high-speed diesel engines and complete propulsion systems for ships and heavy land and rail vehicles, as well as industrial drive systems and decentralized power plants. These business operations are organized in two divisions: Engines and Onsite Energy Systems & Components.

Tognum’s product portfolio includes diesel engines in the power range from 20 to 9,100 kilowatts, gas engine systems, gas turbines and fuel cells, and is one of the most modern and comprehensive in its sector. In addition, the Group develops and manufactures tailored electronic control and monitoring systems for its engines and propulsion systems.

Sales of the Tognum Group amounted to more than €2.8 billion in 2007. At the end of 2007, the Group employed approximately 8,200 personnel worldwide. It maintains a global sales and distribution network including 23 consolidated subsidiaries, more than 130 distribution partners and 1,100 authorized dealers.

Disclaimer regarding forward-looking statements et al.:


This report also contains forward-looking statements based on assumptions and estimates of Tognum’s Executive Board of Management. Although we assume that our assumptions and estimates on which we have based these forward-looking statements are realistic, we cannot guarantee that they will in the future prove to be correct. The assumptions and estimates, by their nature, may harbour risks and uncertainties that may cause the actual figures to differ considerably from the forward-looking statements. Factors that may cause such discrepancies include, among other things, changes in the economic and business envi¬ronment, variations in exchange and interest rates, the introduction of competing products, lack of acceptance for new products or services and changes in corporate strategy. Tognum does not undertake any obligation to update, to review or to confirm the forward-looking statements or to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date of this announcement.
Wolfgang Boller Spokesman Regional and Business Media
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