The Swiss Government is looking to acquire 70 armoured troop carriers for its army at a purchase price of CHF122m ($114.5m).
Mowag Duro is the tactical military vehicle that will be designed to improve military training and equipment to enhance the army's operational readiness.
The carriers will be procured under Armaments Program 2010 and will be used in six of the army's infantry battalions, two fast-reaction infantry companies, the Swiss intelligence battalion and few units to infantry schools.
Missions to be carried out by the vehicles include transportation of military supplies, and reconnaissance and surveillance of infrastructure.
Switzerland is expected to invest a total of CHF529m ($496.2m) for the entire programme.