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Indra Aims to Dominate the Defence Sector with Iveco Acquisition! – EUROP INFO

  • Indra, a Spanish multinational led by Ángel Escribano, has made a non-binding offer to acquire Iveco Defence Vehicles, a major Italian defence firm, in 2025.
  • This move follows a competing consortium offer by Leonardo and Rheinmetall amid a broader trend of industry consolidation driven by rising European military budgets.
  • Indra's strategic alliance with Rheinmetall for armoured vehicles development coincides with their bid, while Iveco Defence Vehicles reported 1.13 billion euros in revenues for 2024, up 15%.
  • Market estimates value Iveco Defence Vehicles around one to 1.5 billion euros, with El Economista describing the offer as 'indicative and non-binding' and highlighting strong competition.
  • The acquisition could reshape Indra's capabilities and the European defence landscape, but the final outcome depends partly on the Italian Government’s strategic and regulatory decisions.
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Revista Defensa Infodefensa.com broke the news in on Monday, May 12, 2025.
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