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19 September 2023
by Christopher Petrov & Sonny Butterworth
The 4×4 Rila Xtreme mine-resistant ambush-protected armoured vehicle was featured at DSEI 2023 alongside the 4×4 Guardian Xtreme. (Janes/Christopher Petrov)
International Armored Group (IAG) is looking to expand further into the European market with the construction of a production facility in Bulgaria.
Sally Stefova-Valliant, vice-president of sales and marketing at IAG, told
Janes
that the company hopes to offer potential European customers a variety of armoured vehicles by opening a new facility on the Black Sea port of Burgas. Expected to open in the summer of 2024, the Burgas facility will be the company’s first manufacturing site located in a European Union (EU) country.
The company has delivered on contracts for customers in Africa, Asia, Latin America, and the Middle East. Given the ongoing conflict in Ukraine, European states are keen to update and replace legacy equipment with more modern solutions. In particular, Eastern European countries that make heavy use of Soviet-designed equipment are keen to equip their forces with NATO-standard vehicles.
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