Novel bis(phosphine) pincer complexes of iridium based on ferrocene and ruthenocene have been synthesized. The reaction of 1,3-bis((di-tert-butylphosphino) methyl)metallocenes [Pt-Bu,CH,P-M] (M = Fe, 10; M) Ru, 13) with [Ir(COE)(2)Cl](2) in refluxing toluene leads to the corresponding chloro-hydrido pincer complexes as a mixture of H-endo-(M = Fe, 11; M) Ru, 14) and H-exo-IrH(Cl)[t-BuP, C, PM] (M = Fe, 12; M) Ru, 15) isomers. Treatment of compounds 11, 12 and 14, 15 with NaH in hot cyclooctane generates corresponding dihydrido complexes IrH2[Pt-Bu,C,P-M] (M = Fe, 6; M) Ru, 7). Reactivity of the chelated iridium atom in hydrido-iridium pincer complexes and oxidation centered at the iron atom of ferrocene-based pincer complexes were studied. Complexes H-exo-IrH(Cl)(CO)[Pt-Bu,C,P-M] (M = Ir(CO)[Pt-Bu,C,P-Fe] (21), and Ir(CO)[2,6-((Bu2PO)-Bu-t)(2)C6H3] (30) were characterized by X-ray crystallography. On the basis of v(CO) values for carbonyl iridium derivatives, electronic characteristics of the corresponding fragments {Ir[Pt-Bu,C,P-M]}(n)(n = 0,+1) were elucidated. Complexes 6 and 7 reveal unprecedented catalytic activity in cyclooctane dehydrogenation in the presence of tert-butylethylene as a hydrogen acceptor: turnover numbers 3300, 2571, and 1843 were obtained for 6, 7, and the known complex IrH2[2,6-((Bu2PO)-Bu-t) 2C6H3] (4c), respectively, at 180 degrees C for 8 h. The high catalytic activity for 6 and 7 and the difference in the catalytic activity of these "isostructural" complexes are discussed in terms of steric and electronic effects.