Dubai: EDGE, one of the world’s leading advanced technology and defense groups, has confirmed the sale of extended-range National Surface Anti-Ship Missiles (MANSUP-ER) and the sale of the shorter-range version of the advanced system to the Brazilian Navy. The deal is worth over $162 million (AED 0.6 billion).
The Letter of Intent (LOI) was officially signed at EDGE’s stand at the Dubai Airshow, being held at Dubai World Central, and was signed by Mr. Mansour AlMulla, Managing Director and CEO of EDGE Group, and Rear Admiral Marcelo Menezes Cardoso, Director of Navy Weapons Systems of the Brazilian Navy.
Mr. Mansour AlMulla, Managing Director and CEO of EDGE Group, stated that, “EDGE is continuously pushing the boundaries to become a major market player in high-tech defense systems. Our expanding partnerships in Brazil, particularly with the Brazilian Navy, are enabling us to leverage our experience and expertise to develop advanced defense capabilities and other related technologies across multiple domains. We are confident that the MANSUP-ER system will disrupt the domination held for years by existing incumbent solutions.”
The deal is the first to emerge from the cooperation agreement signed by EDGE and the Brazilian Navy at the LAAD defense exhibition in Rio de Janeiro in April this year. This agreement was for the co-development of advanced long-range anti-ship missile technology as part of the MANSUP national anti-ship missile project. SIATT provides the guidance, navigation, control, and telemetry systems for this initiative.
Rear Admiral Marcelo Menezes Cardoso, Director of Navy Weapons Systems of the Brazilian Navy, remarked that, “today marks a significant milestone in strengthening the partnership between the Brazilian Navy, SIATT, and EDGE, as we sign this letter of intent for the supply of our advanced MANSUP-ER anti-ship missiles. This collaboration is a testament to our joint commitment to innovation in the co-development of state-of-the-art defence technology to enhance our naval capabilities and safeguard our maritime interests.”