What Soucy Defense does

Soucy Defense is the defense division of the privately-held Canadian Soucy Group, headquartered in Drummondville, Québec. It designs, manufactures, and supports Composite Rubber Track (CRT) systems that replace conventional steel tracks on armored military vehicles. The CRT is a single-piece synthetic rubber belt with chevron treads reinforced with steel wires and composite materials, composed of approximately 49% rubber, 29% steel, and 22% composites across more than 12 proprietary rubber compounds. The technology is designed and qualified in-house using 3D scanning, advanced FEA (Abaqus), and climatic testing validated against STANAG 4370 and Def-Stan 00-35 from -46°C to 50°C+.

Soucy Defense has been active in defense applications since 1988, with CRT systems now mounted on over 1,000 platforms worldwide and deployed in more than 40 countries via the BV206/BVS10 family. Current applications support vehicle weights from 4mT up to 55mT, spanning infantry fighting vehicles (CV90, Redback, Warrior), armored personnel carriers (M113 family, Bronco 3), support vehicles (PMMC G5, ACSV G5), and unmanned platforms (Milrem Themis UGV, Type-X). Named end-customers include the armed forces of Norway, Denmark, the United Kingdom, the United States, Australia, Finland, and Ukraine.

The company earns revenue primarily through direct sales of CRT hardware to defense forces and through OEM integration partnerships with vehicle manufacturers (Hanwha Defense, BAE Hägglunds, ST Engineering, FFG, Milrem Robotics). It supplements hardware sales with an Integrated Logistics Support (ILS) offering that includes training programs, battle damage repair kits, nitrogen filling tools, airbag lifting tools, and lifecycle upgrade services. Pricing is negotiated directly with defense customers and OEM partners under multi-year contracts and is not publicly disclosed. Go-to-market combines enterprise field sales, OEM-embedded design, and content marketing through white papers, defense publications, and major defense exhibitions such as Eurosatory.

Name

Soucy Defense

Legal name

SOUCY INTERNATIONAL INC. – DEFENSE

Website

https://soucy-defense.com

Company type

Private

Founded year

1988

Operating status

Operating

Short description

Soucy Defense, a division of Canada's Soucy Group, designs and manufactures proprietary Composite Rubber Track (CRT) systems and lifecycle support services for armored military vehicles, selling directly to defense forces and through OEM partners such as Hanwha, BAE Hägglunds, ST Engineering, FFG, and Milrem Robotics.

Ownership category

akta.pro rank

Product category

Military Vehicle Track Systems

NAICS

Military Armored Vehicle, Tank, and Tank Component Manufacturing (336992)

SIC

Miscellaneous Transportation Equipment (3790)

akta.pro primary industry

Armored Reconnaissance & Scout Vehicles (IMABAJAF)

Keywords

• Composite rubber tracks
• Military vehicle mobility
• Tracked armored vehicles
• Defense track systems
• Integrated logistics support

Headquarters

HQ city

Drummondville

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Infrastructure

Revenue model

1. CRT System Sales: Direct sales of Composite Rubber Track systems to defense forces and vehicle OEMs. Systems are mounted to armored vehicle platforms worldwide.
2. Integrated Logistics Support (ILS): Comprehensive support services including training, technical documentation, maintenance support, spare parts supply, and upgrade programs throughout the product lifecycle.
3. Licensing/OEM Integration: CRT systems are integrated into vehicles by OEMs such as Hanwha, BAE Hägglunds, ST Engineering, FFG, and Milrem at the manufacturing stage.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels7 records

Core offering

Soucy Defense designs and manufactures Composite Rubber Track (CRT) systems that replace conventional steel tracks on armored military vehicles. The CRT is a single-piece synthetic rubber belt with chevron treads reinforced with steel wires and composites (approximately 49% rubber, 29% steel, 22% composites, with over 12 separate rubber compounds), supporting vehicle weights from 4mT to 55mT. The division is part of Soucy Group and supplies CRTs to national defense forces and vehicle OEMs (Hanwha, BAE Hägglunds, ST Engineering, FFG, Milrem Robotics) along with integrated logistics support, training, and lifecycle services.

Product overview

Soucy Defense is a specialized defense contractor offering Composite Rubber Track (CRT) systems as its core product - a single-piece technology that replaces conventional steel tracks on armored military vehicles. The CRT consists of a synthetic rubber belt with chevron treads reinforced with steel wires and composite materials (approximately 49% rubber, 29% steel, 22% composites, with over 12 separate rubber compounds). The company provides an integrated suite including CRT engineering and development services, integrated logistics support, training programs, and specialized equipment such as battle damage repair kits, nitrogen filling tools, and airbag lifting tools. Soucy serves as an integrated company combining the expertise of all subsidiaries to deliver a one-stop shop experience, with direct access to engineering and chemistry teams. The CRT technology has evolved to support vehicles ranging from 4mT to 55mT, integrated onto platforms including M113, CV90, BRONCO, BV206, and newer programs like Hanwha Redback and FFG PMMC G5.

Differentiator

Problem solved

Functional benefit

Products and services

• Composite Rubber Track (CRT) System A single-piece synthetic rubber belt with chevron treads reinforced with steel wires, designed to replace conventional steel tracks on armored military vehicles and support vehicle weights from 4mT to 55mT.
• BV206/BVS10 CRT Track System CRT system integrated onto BV206 and BVS10 articulated all-terrain vehicles for defense and commercial customers operating in extreme environments.
• M113 Family CRT Track System CRT system for the M113 armored personnel carrier family, including up-armoured variants such as the Danish M113 G4.
• CV90 CRT Track System CRT system developed for the BAE Hägglunds CV90 infantry fighting vehicle, capable of sustaining vehicle weights up to 35mT.
• CRT Engineering and Development Services Engineering services for CRT systems including 3D scanning for vehicle tridimensional reconstruction, Solid Edge and Unigraphics design, FEA modeling with Abaqus, virtual simulation, and physical testing/validation.
• Integrated Logistics Support (ILS) Tailored logistics support including trained personnel supporting programs virtually and in-country during procurement and service phases, vehicle upgrade programs, spare parts supply, and CRT-specific maintenance manuals and user guides.
• CRT Training Programs Systemic training approach using the A.D.D.I.E. pedagogical design model, including operator training, Trainer Training (T3) for experienced mechanics, and continuous training kits for ongoing competency development.
• Battle Damage Repair Kit Emergency repair kit designed for crew self-recovery if a track is damaged or broken; specially designed per vehicle type and usable at approximately 100 km at 30 km/h.
• Nitrogen Filling Tool Tool designed for users to charge the nitrogen chamber of Soucy's collapsible tensioner during delivery, which is composed of two chambers containing grease and nitrogen respectively.
• Airbag Lifting Tool Lifting tool used with an air compressor to elevate vehicles to the required height for CRT installation; calibrated according to vehicle gross weight and used in pairs in workshops without other lifting means.

Quantifiable outcome

• Weight reduction of approximately 1500kg on a 35mT vehicle
• +7 more outcomes

Named customers9 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Seven partnerships are on record, tiered core, strategic and supporting.

• Hanwha DefensecoreOEM/ Whitelabel/ Licensing PartnerHanwha Defense integrates Soucy CRT into the AS21 Redback IFV, which won the Australian LAND 400 Phase 3 contract in July 2023. Redback uses CRT versus competitors with conventional steel track, providing weight savings of 47 tonnes vs 49 tonnes with steel tracks.
• BAE HägglundscoreOEM/ Whitelabel/ Licensing PartnerBAE Hägglunds offers the CV90 IFV with Soucy CRT. Norwegian Army deployed CV9030N with CRT to Afghanistan in 2010, the first vehicle with GVW exceeding 30mT. CRT provides enhanced mobility and reduced maintenance for the platform.
• FFG (Flensburger Fahrzeugbau Gesellschaft)coreOEM/ Whitelabel/ Licensing PartnerFFG's Protected Mission Module Carrier G5 (PMMC G5) features CRTs by design. Norway selected FFG's PMMC G5 based ACSV for its armed forces with CRT integration. Norway was a pioneer in rubber track use after demonstrating validity in Afghanistan.
• ST EngineeringcoreOEM/ Whitelabel/ Licensing PartnerST Engineering's Bronco 3 vehicle is equipped with 16mT CRT system. The UK Warthog variant also uses CRT technology. This partnership demonstrates CRT integration on medium-weight armored vehicles.
• Milrem RoboticscoreOEM/ Whitelabel/ Licensing PartnerMilrem Robotics uses Soucy's CRT system for both its Themis UGV and Type-X unmanned IFV prototypes. Themis is among the few military UGVs deployed by the Ukrainian army in MEDEVAC roles, demonstrating CRT's suitability for unmanned platforms.
• SupacatstrategicStrategic or Co-development PartnerStrengthened partnership for enhanced defence training solutions. Supacat and Soucy Defense collaborate on training solutions for defense forces using CRT-equipped vehicles.
• Modest TreesupportingTechnology or IntegrationModest Tree works with OEMs in aerospace and defense providing immersive training and digital twin solutions. They support Soucy's gamification and 3D training content for CRT-equipped vehicles.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• ST Engineering: Singapore-based OEM of the Bronco 3 tracked carrier, an integrator of Soucy CRT and a peer in the broader tracked armored-vehicle market serving ASEAN, UK, and other defense customers.
• Hanwha Defense: South Korean defense OEM producing the AS21 Redback IFV, which integrates Soucy CRT but competes in the same tracked IFV procurement market (e.g., LAND 400). Comparable as a tracked armored-vehicle platform competitor and OEM customer.
• BAE Systems Hägglunds: Swedish OEM of the CV90 IFV family, which is offered with Soucy CRT. BAE Hägglunds competes in the European IFV market and serves as both partner and adjacent competitor in tracked armored vehicle programs.
• Rheinmetall: German defense prime producing the Lynx KF41 IFV, a direct competitor to CV90 and Redback. Comparable as a tracked armored-vehicle platform competitor addressing the same European and Asia-Pacific procurement programs.
• General Dynamics Land Systems: U.S. manufacturer of the M1 Abrams, Bradley IFV, and Stryker. Comparable as a major Western armored-vehicle platform competitor with overlap on M113 family and U.S. Army test programs (AMPV) where Soucy is also engaged.
• Krauss-Maffei Wegmann: German manufacturer of the Leopard 2 main battle tank and other armored platforms. Comparable as a Western tracked-vehicle prime competing for tracked-platform procurement programs where CRT could be adopted as a weight/noise solution.
• Milrem Robotics: Estonian unmanned ground vehicle manufacturer (Themis, Type-X) that integrates Soucy CRT. Comparable as a UGV/robotic combat vehicle platform peer where CRT is a defining mobility solution.
• Nexter: French defense manufacturer producing the VBCI and other tracked/wheeled armored vehicles. Comparable as a European tracked-vehicle OEM competitor in similar NATO procurement programs.

Broad incumbents

• Caterpillar: Diversified heavy-equipment manufacturer with deep track-system expertise for mining, construction, and off-highway applications. Comparable as a broad incumbent in track technology, with potential crossover capability into military applications.
• Bridgestone: Japanese tire and rubber-products manufacturer with a significant industrial rubber-track business for construction and agricultural machinery. Comparable as a broad incumbent in rubber-track technology with industrial/military-adjacent applications.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/DefenseSoucy
• YouTubeyoutube.com/@soucydefense
• LinkedInlinkedin.com/company/soucy-defense

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Soucy Defense