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Technically they're "Light Armored Vehicles.". The LAV-25 is an American license of the MOWAG Piranha, a Swiss armored Personnel Carrier that kicks the ever-loving shit out of anything the Americans have designed. Adding to the hilarity, General Dynamics basically capitulated in 2003 and bought MOWAG, which allowed the Canadian arm of an American company to make an American version of a Swiss design so unspeakably shitty that if MOWAG wasn't wholly owned they never would have allowed it. So yeah. If you know what's up, you buy a Piranha. If you want to make the Americans happy, you buy an LAV. If you're utterly fucked, you get to buy a Stryker. It's pretty much apex military-industrial complex stupidity.