LONDON, Dec. 1, 2015

The Amphibious Armoured Platform by Iveco Defence Vehicles is Adopted by BAE Systems for the ACV 1.1 Program Development Contract Awarded by U.S. Marine Corps

CNH Industrial's Iveco Defence Vehicles will deliver its amphibious armoured platform to BAE Systems, which has been awarded with a contract for the Engineering, Manufacturing, Development (EMD) phase of the U.S. Marine Corps' Amphibious Combat Vehicle (ACV) 1.1 program.

In the framework of the contract for the Engineering, Manufacturing, and Development (EMD) phase of the Amphibious Combat Vehicle (ACV) 1.1 program recently awarded from the U.S. Marine Corps to the company, BAE Systems, along with teammate Iveco Defence Vehicles, will deliver a solution that will be built from the ground up to be an amphibious vehicle and will provide significant capability improvements to satisfy the Marine Corps' current and future needs.

The award is one of two EMD contracts issued. During this phase, BAE Systems will deliver 16 prototypes that will be tested by the Marine Corps beginning in the third quarter of 2016.

BAE Systems' ACV 1.1 solution is an advanced 8x8 open ocean-capable vehicle based on a platform developed by Iveco Defence Vehicles equipped with a new 6 cylinder 700 horsepower power pack, which provides a significant power increase over the current Assault Amphibious Vehicle. The vehicle performs best in class mobility in all terrains, has a suspended interior seat structure for 13 embarked Marines, blast mitigating positions for a crew of three, and improved survivability and force protection over currently fielded systems. The team has conducted extensive risk mitigation testing and evaluation for swim, land mobility, and survivability capabilities that have proven the solution's capabilities.

"We are proud to start a new chapter of our history in this industry by providing, together with BAE Systems, the Marine Corps with superior amphibious capabilities,"  said Vincenzo Giannelli, President & CEO of Iveco Defence Vehicles. "Our platform was designed to be fully amphibious with exceptional ground mobility and protection. It will provide the Marine Corps with a mature, cost-effective solution with significant growth capacity."

BAE Systems has more than 70 years of experience designing and building amphibious vehicles and is a leading provider of combat vehicles, having produced over 100,000 systems for customers worldwide.

Iveco Defence Vehicles brings additional proven experience, having designed and built more than 30,000 multi-purpose, protected, and armoured military vehicles in service today.

CNH Industrial N.V. (NYSE: CNHI /MI: CNHI) is a global leader in the capital goods sector with established industrial experience, a wide range of products and a worldwide presence. Each of the individual brands belonging to the Company is a major international force in its specific industrial sector: Case IH, New Holland Agriculture and Steyr for tractors and agricultural machinery; Case and New Holland Construction for earth moving equipment; Iveco for commercial vehicles; Iveco Bus and Heuliez Bus for buses and coaches; Iveco Astra for quarry and construction vehicles; Magirus for firefighting vehicles; Iveco Defence Vehicles for defence and civil protection; and FPT Industrial for engines and transmissions. More information can be found on the corporate website:

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