BAE Systems Wins $450M Deal to Supply 44 Additional CV90MkIIIC Vehicles to Denmark

BAE Systems has won a $450 million deal from Denmark to supply 44 additional CV90MkIIIC infantry fighting vehicles, bringing the Royal Danish Army's total fleet to 159. The CV90 platform is designed for exceptional mobility and agility, delivering top-tier combat performance. Rising security threats are prompting nations to bolster their military strength, with defense budgets focused on modernizing equipment with advanced technologies. The global armored vehicle market is expected to register a CAGR of 5.66% during 2025-2030, pointing to significant growth potential for BAE Systems and other defense majors like General Dynamics, RTX Corporation, and Textron.