Business · Companies · 3 hrs ago

Seat explores entering Spain’s defence industry

Seat explores entering Spain’s defence industry

Seat met Spain’s Defence Ministry in Madrid to discuss how the carmaker could contribute to defence projects.

The company, which is owned by Volkswagen and makes cars at Martorell in Catalonia, is exploring ways to enter the military business.

One possibility is a dual-use drone project, with Seat handling production and technology group Aggity providing the technology.

Seat is also considering making tactical military vehicles, but talks on that idea with Indra appear to have stalled.

Volkswagen will make the final decision on whether Seat moves into defence, and the company is still assessing how such work could fit its factory.

The move could diversify Seat’s income while electric-car demand remains slow, but the process is expected to take time.

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