EDGE Group secures deal to equip Brazilian Navy with anti-ship missiles
EDGE, a defence and technology conglomerate, has signed a $164 million contract with the Brazilian Navy to provide long-range and short-range anti-ship missiles. The missiles are being co-developed with SIATT, a specialist in smart weapons and high-tech systems. EDGE holds a 50% share in the project. The missiles have a range of 200 kilometers and are currently undergoing testing by Brazil's naval fleet.