indra

Indra Tecnocom

Indra to carry out temporary share buyback programme worth €16.5 million from today until 19 April

Link Securities| Indra’s Board of Directors informed the CNMV that it has agreed to carry out a Temporary Share Buyback Programme, with the following characteristics: – The purpose of the Programme is to enable Indra to comply with the obligations to deliver shares to its executives and employees arising from the remuneration system in force. – The Programme will affect a maximum of 854,000 shares, representing 0.48% of the share…


Indra Tecnocom

Indra buys remaining 65% of GTA and is now one of few companies in the world able to cover entire value chain of the business

Link Securities| Indra, a leading global consulting and technology company, has closed the acquisition of 65% of Global Training Aviation (GTA), thus reaching 100% of the capital, and becomes one of the few companies in the world able to cover the entire value chain of this business, from the development of the most advanced simulators and training systems to the provision of training services for civil and military pilots. Indra…


indra edificio

Indra wins Lockheed Martin contract to equip four Saudi ships with state-of-the-art electronic defence systems

Link Securities | According to media reports, US company Lockheed Martin has awarded Indra a contract to equip four Saudi ships with state-of-the-art electronic defence systems. The 118-metre-long vessels, with a range of 5,000 miles, are prepared to operate in both coastal and ocean areas. They will be delivered with this Spanish technology to the Royal Saudi Arabian Navy. The companies have declined to disclose the amount of the contract….


indra edificio

Indra interested in taking control of Tess Defence

Link Securities| Indra (IDR) informed the National Securities Market Commission (CNMV) that the current CFO of the Company, Mr. Borja García-Alarcón, has informed the company of his decision to leave his position at the end of February, following the preparation of the accounts and the presentation of results for the financial year 2023, in order to begin a new professional stage. Indra would like to thank Mr. García-Alarcón for his…


Indra Tecnocom

Indra considers raising €800m from sale of Minsait’s assets to finance possible purchase of part of Hispasat

Alphavalue/DIVACONS | The Spanish IT services and consultancy company is considering the acquisition of a stake in satellite operator Hispasat, which is partly owned by state-controlled network operator Redeia (RED), Cinco Días newspaper reported on Thursday citing unidentified market sources. Indra is considering raising €800 million from the sale of assets of its technology unit Minsait to finance the deal. On the other hand, the Council of Ministers authorised the…


Indra aeropuertos

Indra to provide Vancouver International Airport (Canada) with most advanced control tower in the world

Link Securities| The Spanish company will supply Vancouver International Airport (Canada) with the world’s most advanced control tower. In a press release issued by Indra, the company explained that it is a digital system to control the movement of aircraft on the apron with which the Canadian airfield manager will start its own programme of digitalised apron management services. Indra will deliver an integral digital tower solution equipped with a…


indra edificio

Indra to adapt European single window regulation to Spain’s 46 ports, and be in charge of maintenance and support to users

Link Securities| The company has been awarded the contract by Puertos del Estado for the technological renovation of the maritime port single window in Spain. The tender seeks to provide it with new functionalities and adapt it to the European environment to improve the competitiveness of ports and national foreign trade, as reported yesterday by Europa Press. Specifically, Indra will adapt the Dueport national single window system to the European…


Indra Tecnocom

Indra ups investment in convertible bond buyback to €226.9m after receiving further expressions of interest

Link Securities| In connection with the invitation to the holders of its outstanding convertible bonds corresponding to the issue in the amount of 250,000,000 at 1.25% maturing in 2023, with ISIN code XS1500463358 to make offers to sell bonds to Indra (IDR), the company announced that, since then, it has continued to receive expressions of interest from bondholders for the repurchase of its bonds in the secondary market and has…


Indra Tecnocom

Indra acquires 9.5% of ITP Aero for €175 M; will have a presence on the Board and will account for share in results

Renta 4| Indra (IDR) has reached an agreement to acquire 9.5% of ITP Aero for €175 million. This stake values 100% of ITP at €1.842 billion, slightly above the €1.8 billion it paid to Rolls Royce in September 2022. The deal will be executed in the coming weeks. Indra will be represented on the Board and will account for this stake in financial results. Indra and ITP Aero have reached…


Indra Tecnocom

Indra equips Lisbon’s metro with access system that allows payment by mobile, bank card or smartwatch

Link Securities | Europa Press reported on Tuesday that Indra (IDR) has provided the city of Lisbon (Portugal) with an access system for the metro that allows passengers to pay with their own mobile phone, bank card or smartwatch, without having to purchase a ticket or season ticket beforehand, while maintaining the rest of the travel options that existed previously. It is a state-of-the-art payment system that improves the traveller’s…