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INDEP - Indústrias Nacionais de Defesa, EP (Defense National Industries, Public Corporation) was a defense industry company owned by the
Portuguese Government The Government of Portugal is one of the four sovereignty bodies of the Portuguese Republic, together with the President of the Republic, the Assembly of the Republic and the courts. It is both the body of sovereignty that conducts the general p ...
and created to replace the '' Fábrica Nacional de Munições de Armas Ligeiras'' (National Light Armament Ammunition Factory, FNMAL) and the '' Fábrica Militar do Braço de Prata'' (FMBP) under the control of the National Defense Ministry. However, these two companies never completely closed. They merged and continued to exist under the management of INDEP with the new names ''Fábrica Nacional de Munições'' (FNM) and ''Fábrica de Braço de Prata'' (FBP), respectively. The National Defense Ministry also never took complete control of INDEP and required authorization of the Finance Ministry. On its creation, many of the products FNM and FBP made were branded and marketed under INDEP. In December 1996, a new reorganization of the Portuguese government-owned defense industries started and a new
holding company A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...
, EMPORDEF, was created in March 1997. The reduction of the national military manufacturing industry lead to the closing of all factories. INDEP was deactivated in December 2003 and closed for good in 2007.


Companies

* '' Fábrica Nacional de Munições'' ** ''Fábrica de Pólvora e Explosivos de Barcarena'' * '' Fábrica do Braço de Prata'' * SPEL, private company owned by both FNM and FBP and managed by INDEP


See also

*
OGMA OGMA – Indústria Aeronáutica de Portugal S.A. is a Portuguese aerospace company focused on aircraft maintenance and manufacturing. History OGMA was founded as part of the reorganisation of the Portuguese Army's Aeronautic Service on June ...
* EMPORDEF


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Bibliography

* * * Military corporations Weapons manufacturing companies