Brazil · Defense Industry
Key Facts
—The investor: the Abu Dhabi conglomerate EDGE Group Brazil push has reached about $500 million, anchored by stakes in two local arms makers.
—The targets: EDGE bought 50% of missile firm SIATT in 2023 and 51% of non-lethal specialist Condor, both with São Paulo and Rio de Janeiro roots.
—The deals: at a Rio defense fair the group signed accords with Brazil’s Navy, Marine Corps and Army, plus police supply contracts worth millions of reais.
