US EditionIndra’s €385m EU Loan
9 Articles
9 Articles
Indra’s €385m EU loan
Spain’s Indra Group has signed a €385 million loan agreement with the European Investment Bank (EIB) to boost its investments in space and defence technologies, marking the largest EIB defence-related financing deal in Spain to date. The agreement, announced July 15, will fund projects in radar, electronic warfare, electro-optics, command and control systems, and digital innovation. Source
The EIB Group and support for Europe’s security and defence will help Indra build its research and technological development centre, Indra Technology Hub, and advance in radar, electronic defence, command and control communications or advanced digitisation technologies. Funding supports technological innovation in Europe, is part of the EIB Group’s actions to strengthen European security and defence capabilities, the Group’s cross-cutting action…
Europe closes ranks around its security. Community organisations are strengthening their support for projects aimed at increasing the strategic autonomy of the...
The European program to develop the Future Air Combat System (FCAS) again has problems. Conceived to develop between the French company Dassault Aviation, the German Airbus Defence and Space and the Spanish Indra, France is now pressing to increase its responsibility in the works. It is not the first time that it happens - previously there have been delays for the same thing-, but now the Gaul country could even abandon the project. The FCAS see…
And EIB support is key to enabling companies to develop projects that contribute to the security of all Europeans,” said Nadia Calviño. “This agreement will boost the development of real defence and space innovation and capabilities, which plays a critical role in EU security. EIB support for Indra’s innovation and the creation of its Technology Hub will help Europe to be at the forefront of technology, more resilient and able to act with greate…
Coverage Details
Bias Distribution
- 100% of the sources lean Left
To view factuality data please Upgrade to Premium
