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[BUSINESS] · Spain · 4 sources

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Seat halts defense project negotiations with Indra

Seat has halted negotiations with Indra regarding a potential entry into the defense sector. The automotive manufacturer expressed doubts concerning the viability and advantages of the military project.

The proposed collaboration involved the development and production of 5,000 light military vehicles at the Martorell plant in Barcelona. While an agreement was nearing official announcement, Seat ultimately decided not to proceed, though technical teams reportedly maintain contact.

Entities

General Dynamics · SEAT · Santa Bárbara Sistemas