Data from Brazil’s Ministry of Defense show that total exports in the sector reached a record this year.
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The agreement includes investments in artificial intelligence, training, emergency response, and automation. Edge Group is headquartered in Abu Dhabi and operates in the defense industry in Brazil. Ambipar specializes in environmental management.
The Arab group has controlled the Brazilian company since the beginning of this year. The agreement also includes specialized training.
Brazil-based non-lethal arm manufacturer owned by a group from the United Arab Emirates signed a USD 10 million deal.
