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Excalibur Army Secures a Record Export Contract for Patriot Vehicles
Globenewswire· 2026-02-05 15:00
Group 1 - CSG Group, through its subsidiary Excalibur Army, has secured contracts in Southeast Asia for the delivery of over 100 Patriot armored vehicles, with a total contract value exceeding USD 300 million, scheduled for completion within three years [1] - The order includes various configurations of the Patriot platform, such as mortar carrier vehicles, command vehicles, armored personnel carriers, wheeled infantry fighting vehicles, and armored medical evacuation versions [1] - Excalibur Army specializes in developing and producing advanced land systems, confirming the trust of partners in Southeast Asia and building on a successful track record of previous exports in the region [2] Group 2 - The Patriot armored vehicle is built on a Tatra chassis, featuring a unique central backbone tube design that ensures high mobility in demanding conditions, representing the largest export order for the Patriot platform to date [3] - CSG N.V. is a leading European defense group based in Prague, Czech Republic, focusing on the development and production of strategically important defense and industrial technologies [4] - CSG operates key manufacturing facilities across multiple countries and employs over 14,000 people, with reported annual revenues of EUR 4.0 billion in 2024 [4]