{"id":2164,"date":"2025-07-25T07:30:03","date_gmt":"2025-07-25T05:30:03","guid":{"rendered":"https:\/\/ir.steyr-motors.com\/2025\/07\/25\/steyr-motors-also-expands-in-maritime-applications-supply-agreements-exceeding-eur-20-million-signed\/"},"modified":"2025-07-25T07:30:03","modified_gmt":"2025-07-25T05:30:03","slug":"steyr-motors-also-expands-in-maritime-applications-supply-agreements-exceeding-eur-20-million-signed","status":"publish","type":"post","link":"https:\/\/ir.steyr-motors.com\/en\/2025\/07\/25\/steyr-motors-also-expands-in-maritime-applications-supply-agreements-exceeding-eur-20-million-signed\/","title":{"rendered":"Steyr Motors also Expands in Maritime Applications \u2013 Supply Agreements Exceeding EUR 20 Million Signed"},"content":{"rendered":"<div>\n<ul>\n<li>New framework agreements with partners in the United Kingdom, Italy, France, and China<\/li>\n<li>Delivery of 600 inboard diesel engines worth more than EUR 20 million<\/li>\n<li>Targeted diversification of growth creates a stable foundation for the future<\/li>\n<\/ul>\n<p><b>Steyr, Austria, 25 July 2025 \u2013\u00a0<\/b>Steyr Motors AG<b>\u00a0<\/b>(<a href=\"https:\/\/eqs-cockpit.com\/cgi-bin\/fncls.ssp?fn=redirect&amp;url=edfe12ea0f250a373d25c6bb59bc8188&amp;application_id=2174142&amp;site_id=airport_aws~~~7cc68db1-74de-43c8-af69-2ae0a97efdc3&amp;application_name=news\">ISIN AT0000A3FW25<\/a>), one of the world\u2019s leading companies in the field of customized engines for mission-critical defense and civil applications, continues its growth trajectory as it internationalizes its business. In addition to its successful expansion in the defense sector for land-based vehicles, Steyr Motors has now signed substantial framework agreements for civil and military maritime applications. In total, multi-year supply agreements for more than 600 inboard diesel engines with a total value exceeding EUR\u00a020\u00a0million have been concluded with partners in the United Kingdom, Italy, France, and China.<\/p>\n<p>Steyr Motors is a leader in diesel technology for highly demanding use in the defense sector. Now, leveraging its proven technological expertise in the defense sector for land-based vehicles, Steyr Motors is systematically transferring its strengths to maritime applications. With its growing success in the maritime field, the company is strategically diversifying its growth, thereby establishing a stable foundation for the future. The company\u2019s robust, high-performance, and compact diesel engines are ideally suited for demanding operations at sea \u2013 from commercial applications to specialized vessels. Thanks to its advanced technological base and strong interest from the market, the company expects additional orders in the marine sector in the coming months.<\/p>\n<p>\u201cOur engines are built to deliver maximum performance and uncompromising reliability under extreme conditions \u2013 both on land and at sea. The new contracts validate our technological excellence and the trust we have earned in both areas \u2013 land and marine \u2013 for civil and military applications,\u201d says Julian Cassutti, CEO of Steyr Motors AG.<\/p>\n<p><b>Company profile of Steyr Motors AG<\/b><\/p>\n<p>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\u2019s engines are primarily used for military special vehicles, boats (both military and civilian) and as auxiliary power units (\u201cAPU\u201d) 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.<\/p>\n<p><b>For more information, please contact:<\/b><\/p>\n<p><b>Steyr Motors AG<\/b><br \/>\nInvestor Relations<br \/>\nPhone: +436766222367<br \/>\nE-mail:\u00a0<a href=\"mailto:ir@steyr-motors.com\">ir@steyr-motors.com<\/a><br \/>\n<a href=\"https:\/\/eqs-cockpit.com\/cgi-bin\/fncls.ssp?fn=redirect&amp;url=fa43d7aab0cc6b5f3e5a9bd745396480&amp;application_id=2174142&amp;site_id=airport_aws~~~7cc68db1-74de-43c8-af69-2ae0a97efdc3&amp;application_name=news\">www.steyr-motors.com<\/a><\/p>\n<p><b>Press Contact in Germany, Austria, Switzerland<\/b><br \/>\nCROSS ALLIANCE communication GmbH<br \/>\nSusan Hoffmeister<br \/>\nPhone: +49 89 125 09 0333<br \/>\nE-mail:\u00a0<a href=\"mailto:sh@crossalliance.de\">sh@crossalliance.de<\/a><br \/>\n<a href=\"https:\/\/eqs-cockpit.com\/cgi-bin\/fncls.ssp?fn=redirect&amp;url=a9f6782523c75b88380cf9d9c4273e43&amp;application_id=2174142&amp;site_id=airport_aws~~~7cc68db1-74de-43c8-af69-2ae0a97efdc3&amp;application_name=news\">www.crossalliance.de<\/a><\/p>\n<p><b>Press Contact in France<\/b><br \/>\nCLAI<br \/>\nMatthieu Meunier<br \/>\nPhone:\u00a0+33 06 26 59 49 05<br \/>\nE-mail:\u00a0<a href=\"mailto:matthieu.meunier@clai2.com\">matthieu.meunier@clai2.com<\/a><\/p>\n<p><b>Press Contact in UK<\/b><br \/>\n14:46 Consulting<br \/>\nTom Sutton<br \/>\nPhone:\u00a0+44 7796 474940<br \/>\nE-mail:\u00a0<a href=\"mailto:tsutton@1446.co.uk\">tsutton@1446.co.uk<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>New framework agreements with partners in the United Kingdom, Italy, France, and China Delivery of 600 inboard diesel engines worth more than EUR 20 million Targeted diversification of growth creates a stable foundation for the future Steyr, Austria, 25 July 2025 \u2013\u00a0Steyr Motors AG\u00a0(ISIN AT0000A3FW25), one of the world\u2019s leading companies in the field of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[31],"tags":[],"class_list":["post-2164","post","type-post","status-publish","format-standard","hentry","category-corporate-news-en"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - 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