S\u00e3o Paulo \u2013 Abu Dhabi, United Arab Emirates-headquartered defense conglomerate EDGE Group is slanted to announce acquisitions in Brazil in the coming months, it said on Thursday (28). The company also announced its participation in April\u2019s exhibition LAAD Defense & Security to take place in S\u00e3o Paulo, where it plans on presenting its portfolio of nearly 70 items.<\/p>\n\n\n\n
EDGE Group has made investments in the country over the past months of over BRL 3 billion (USD 600 million). They included the purchase of 50% of the Brazilian company SIATT that is based in S\u00e3o Jose dos Cambos, S\u00e3o Paulo state, and specializes in smart arms and \u201chigh technology\u201d systems, the company said. Another part of the investments focuses on projects with the Brazilian Navy, like coastal monitoring, and long-range anti-ship missile and supersonic missile manufacturing.<\/p>\n\n\n\n
In January, S\u00e3o Paulo Vice Governor Felicio Ramuth visited the headquarters of the company with a Brazilian delegation. On the occasion, the company announced a partnership in public security with the government of S\u00e3o Paulo dubbed \u201cCrystal Ball\u201d. The project encompasses radar video surveillance systems and tracking devices for vehicles and mobile phones. It will be tested in downtown S\u00e3o Paulo and coastal area Baixada Santista.<\/p>\n\n\n\n
EDGE Group has ongoing partnerships and projects in Europe, Asian, and North America worth of USD 5 billion. It will have a stand with some of its products at LAAD, which will feature 150 exhibitors from 20 countries and visitors from 35 nations. Find out more at the event\u2019s website<\/a>.<\/p>\n\n\n\n Translated by<\/strong> Guilherme Miranda<\/strong><\/p>\n