What Happened
UAE Defense Conglomerate Partners with Indra in Spain for Smart Weapons
The UAE’s EDGE Group is expanding into Europe through a joint venture with Spanish firm Indra to develop and manufacture loitering munitions and smart weapons. The new company, located in Spain’s León province, will focus on supporting European defense programs, with Indra investing between €15 million and €20 million in the facility. This move marks a significant step in EDGE’s export-driven growth strategy, as the company seeks to establish itself as a major player in the global defense market. The announcement was first reported by Breaking Defense.