EQS-News: Steyr Motors AG / Key word(s): Incoming Orders
Steyr Motors secures additional orders from customer Defenture – new
record order backlog in sight
16.07.2025 / 07:30 CET/CEST
The issuer is solely responsible for the content of this announcement.
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Steyr Motors secures additional orders from customer Defenture – new
record order backlog in sight
• Steyr Motors M16 diesel engine as the core power unit in new
international major contracts
• Order increase in the multi-million-euro range through 2027
• New record order backlog expected
Steyr, Austria, 16 July 2025 – Steyr Motors AG ((1)ISIN AT0000A3FW25), one
of the world's leading companies in the field of customized engines for
mission-critical defense and civil applications, is further expanding its
successful partnership with Dutch vehicle manufacturer Defenture. The
company is benefiting from several new international major contracts,
under which Steyr Motors’ M16 diesel engine continues to serve as the
central power unit.
Through the exclusive and custom-tailored engine supply to Defenture,
Steyr Motors is not only intensifying its existing collaboration with the
customer but also securing additional orders worth millions of euros
through 2027. The new contracts from Defenture include vehicles for the
Austrian special forces unit Jagdkommando, Polish special forces, as well
as Germany’s Special Forces Command (KSK), where four prototypes are
currently undergoing operational testing and follow-up orders are in
preparation.
At the core of the collaboration with Defenture is the close technical
coordination to adapt the propulsion solutions to the specific operational
requirements of the deployed units. The flexibility and reliability of the
Steyr M16 engine have once again proven to be key success factors.
“This expansion of orders confirms the international confidence in our
engine technology and underscores our position as a reliable partner in
the field of military special-purpose propulsion systems. Furthermore,
this follow-up order demonstrates that the widely discussed ‘Zeitenwende’
– including the approved defense budgets – is beginning to translate into
tangible contracts for us. As a result, Steyr Motors is growing thanks to
close technical cooperation with existing and new customers,” emphasizes
Julian Cassutti, CEO of Steyr Motors.
Specific details regarding order intake and backlog development are
expected to be announced with the publication of the half-year results on
July 31, 2025. In addition to the increase in orders from Defenture, Steyr
Motors expects to receive further significant orders from existing
customers in connection with the recently announced plans of the German
Armed Forces (Bundeswehr) to procure 1,000 Leopard battle tanks and 2,500
armoured vehicles. It is already forseeable that Steyr Motors' order
backlog will reach a new record level.
Company profile of Steyr Motors AG
Headquartered in Steyr, Austria, Steyr Motors AG is a global leader in the
development and production of high-performance customized special engines
with high power density and durability. The Company’s engines are
primarily used for military special vehicles, boats (both military and
civilian) and as auxiliary power units (“APU”) for main battle tanks and
locomotives. In the full year 2024, Steyr Motors generated an (adjusted)
EBIT margin of 24%. For 2025, Steyr Motors is aiming for a year-on-year
increase in revenue of at least 40%, an EBIT margin of above 20%, and a
production volume of at least 1,250 units.
For further information please contact:
Steyr Motors AG
Investor Relations
Phone: +436766222367
E-mail:(2)ir@steyr-motors.com
(3)www.steyr-motors.com
Press contact in Germany, Austria, Switzerland
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Phone: +49 89 125 09 0333
E-mail: (4)sh@crossalliance.de
(5)www.crossalliance.de
Press contact in France
CLAI
Matthieu Meunier
Phone: +33 06 26 59 49 05
E-mail: (6)matthieu.meunier@clai2.com
Press contact in UK
14:46 Consulting
Tom Sutton
Phone: +44 7796 474940
E-mail: (7)tsutton@1446.co.uk
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16.07.2025 CET/CEST This Corporate News was distributed by EQS Group.
www.eqs.com
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Language: English
Company: Steyr Motors AG
Im Stadtgut B1
4407 Steyr
Austria
Phone: +43 7252 2220
E-mail: office@steyr-motors.com
Internet: https://www.steyr-motors.com/de/
ISIN: AT0000A3FW25
WKN: A40TC4
Listed: Regulated Unofficial Market in Frankfurt (Scale); Vienna
Stock Exchange (Vienna MTF)
EQS News ID: 2168926
End of News EQS News Service
2168926 16.07.2025 CET/CEST
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