Key Takeaways
- Barzan Holdings teams up with EDGE Group to form a joint defense firm.
- The venture aims to develop defense platforms and technologies.
- EDGE will be the primary provider of technology and know-how in this partnership.
Barzan Holdings and EDGE Group have formed a first-of-its-kind joint defense firm to develop defense platforms and technologies. This partnership may signal a growing trend of regional defense cooperation, Breaking Defense reports. The venture aims to leverage the strengths of both companies, with EDGE serving as the primary provider of technology and know-how. The exact details of the joint venture remain undisclosed, but it is expected to have significant implications for the global defense market.