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Spanish Defence Firm Indra Signs Strategic Agreement With AXISCADES

Summary by indiandefensenews.in
Indra, a leading Spanish defence and aerospace company, has entered into a strategic agreement with Indian technology firm AXISCADES to join...

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Indra accelerates with the boom of defense and the convulsive international geopolitical context. The CEO of the company, José Vicente de los Mozos, has assured that this year the company will double the contract in defense compared to 2024 and that at the end of this year it will exceed 2 billion euros.

·Spain
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On Thursday, Indra completed its transformation into a technological company oriented to the defense industry. Before the general meeting of shareholders, which has endorsed the strategic turn and modified part of its statutes to adapt them to the new direction, its president Angel Escribano has announced the launch of the new armament division called Indra Weapon & Ammunition orientada towards the capabilities of guidance in unmanned systems an…

·Madrid, Spain
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The firm raises the company's valuation to 47 euros per share, representing a potential of 34% from current levels.

Indra, tractor company of the defense ecosystem An increasing ambition of the Leading the Future Goals 2025 The Indra Group's Ordinary General Shareholders' Meeting, held at the company's headquarters in Alcobendas, Madrid, has ratified and re-elected Ángel Escribano as executive president of the company, with the support of a large majority, 98.49%, of the shareholders, which represents a backlash to its management in these five months at the h…

The president of Indra, Ángel Escribano, announced this Thursday, during the meeting of shareholders, that the company will launch a new division, the armament division, called Indra Weapons & Ammunition, which will focus on "guided capabilities, on unmanned systems and directed energy, as well as on anti-dron and self-defense systems on platforms", such as armoured vehicles. He has also announced the possibility of Indra opening an office in th…

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Expansión broke the news in on Thursday, June 26, 2025.
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