Indra Group and EDGE sign deal to establish new joint venture in Spain

Indra Group and EDGE have signed an Memorandum of Understanding (MoU) as the preliminary step towards establishing a new joint venture in Spain that would be dedicated to the development, production and maintenance of loitering munitions and smart weapons for the Spanish, European and selected international markets, with potential cooperation across defence programmes in Europe.

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Ángel Escribano, Executive President of Indra Group, and José Vicente de Los Mozos, CEO of Indra Group, together with Hamad Al Marar, Managing Director & CEO of EDGE Group, formally signed the MoU today at the Dubai Airshow to further this initiative.

The vision is for the engineering and industrial capabilities of the joint venture to be supported by Indra’s extensive industrial footprint in Spain, which is undergoing significantly expansion to meet growing demand. At the same time, the joint venture would benefit from EDGE’s technology and experience in loitering munitions.

Ángel Escribano said, “This partnership would bring together complementary capabilities, experience, and commercial reach in the loitering munition and smart weapons segments to deliver world-class solutions to our clients.”

Hamad Al Marar said, “EDGE has built an agile industrial ecosystem capable of responding rapidly to new opportunities and delivering export-ready solutions at speed. Our collaboration with Indra reflects not only a longstanding relationship built on trust and shared ambition, but also a strategic pathway for expanding our presence across European markets through joint innovation and advanced manufacturing.”