UAE Defense Conglomerate Establishes Loitering Munitions Entity in Europe
EDGE Group has partnered with Spanish firm Indra to establish a loitering munitions and weapons manufacturing entity in Europe. The company will be located in the León province of Spain at Indra’s new facility, with an investment of between €15 million and €20 million. This partnership is part of EDGE’s expansion into European markets and its broader globalisation strategy. Breaking Defense reports that the joint venture aims to develop loitering munition capabilities in Spain, enabling in-country manufacturing and responding directly to European defence requirements.