The Iveco LMVs were procured under a USD108 million contract signed in 2009. Around half of the funds would be awarded to Austrian companies that would take part in their construction. The "Husars" will replace the 150 “Horseman” vehicles currently in service. The vehicles will be acquired in seven different configurations and all of them will feature an ELBIT remotely controlled weapon station for light weapons. The configurations ordered by the Austrian Army include the transport, patrol, C2, reconnaissance and observation, military police and special forces.

The Iveco LMV will provide increased protection to the Austrian forces, especially in international missions. The vehicles are extremely versatile and they can be equipped with a variety of sensors and weapons. Their weight is seven tons and the crew is comprised of the driver plus up to three soldiers. The level of protection is STANAG 4569 Level 3. The maximum speed is 130 km/h and their operational range 500 km.

They have been selected by many countries around the world, namely Italy, UK, Spain, Belgium, Norway, Croatia, Russia and the Czech Republic. They have been extensively used in the Afghanistan operations  where they have combat-proven their capabilities.