Prosegur entra en el negocio de la Defensa y aspira a contratos militares

Prosegur has entered the Defense sector and is aiming to secure military contracts in Spain and other countries where the company operates. To achieve this goal, the firm has established a new area called Prosegur Technology and Defense, which will complement its existing technology vertical and become part of Prosegur Security, one of the four main business areas of the group alongside Alarms, Prosegur Cash, and Avos Tech.

According to Manuel Rodríguez, the global director of Defense and Technology at Prosegur Security, the new area is expected to generate 25% of Prosegur Security's revenue within the next two years. The company's calculations indicate that Prosegur Security will end the current fiscal year with approximately 2.8 billion euros in revenue, meaning the new Defense area could generate over 700 million euros by the end of 2028.

Prosegur is negotiating alliances with leading companies and partners to develop a catalog of services that will help them grow in this business segment, with the goal of positioning themselves as integrators of advanced solutions to generate operational value. The company's five priority areas in Defense include command and control (C2), interoperability, simulation, artificial intelligence and decision-support, security, surveillance, and integrated operations, as well as cybersecurity and cyber resilience, and participation in collaborative and development programs in Europe.

Prosegur aims to compete in the intermediate business zone between Defense and private security, offering its own Spanish technology and brand in a time when Europe seeks strategic autonomy and wants to reduce its dependence on third countries like the United States and China. They believe there is a market niche that current Defense sector companies do not exploit, providing an opportunity for private security companies with adequate capabilities to occupy this space between security and Defense.