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EDGE and Indra Group are establishing a new defense manufacturing company in Spain to develop and produce loitering munitions and smart weapons for Spanish and European defense programs. The joint venture will operate in León, with an investment of €15-20 million ($17-23 million) from Indra.

The companies anticipate a potential order pipeline valued at €2 billion. Separately, Spain will transfer a Lanza LTR-25 radar system to Ukraine, valued at €37 million, to enhance its air defense capabilities, valid until December 31, 2026.