indra

In Europe 22nd June 2025

Indra to implement A-CDM/i-AOP collaborative decision-making system at Helsinki Airport

Link Securities | The company has signed a strategic alliance with Finnish airport operator Finavia to implement its A-CDM/i-AOP collaborative decision-making system at Helsinki Airport, the country’s main airport, with the aim of optimising the management of airport ground operations and aircraft turnaround times before take-off. As part of the agreement, Indra will also be responsible for the maintenance and future development of the system until 2031. This project reinforces…

Relevant News Item 6th June 2025

Morgan Stanley raises 3.331% stake in Indra, mainly through financial derivatives

Alphavalue/Divacons | The company is negotiating the sale of its outsourcing division Servinform, a Spanish firm specialising in digitalisation services for companies, which has just been acquired by the Anglo-Swiss private equity firm AS Equity Partners. On the other hand, Morgan Stanley has raised a 3.331% stake in Indra, mainly through financial derivatives, according to National Securities Market Commission (CNMV) records. Other major shareholders: SEPI (28%), Escribano (14.3%), SAPA (7.9%),…

Relevant News Item 5th June 2025

General Dynamics-Santa Bárbara closes door on possible acquisition of Santa Bárbara by Indra

Bankinter | General Dynamics closes the door to the acquisition of its Spanish subsidiary (Santa Bárbara Sistemas) after presenting its 2030 strategic plan. Indra (IDR) expressed three months ago its interest in buying Santa Bárbara Sistemas. However, Santa Bárbara Sistemas is owned by General Dynamics, which yesterday presented its strategic plan in Spain: “Industrial and Technological Plan 2025-2030”. The main points are to increase the production capacity of ground vehicles,…

In Europe 3rd June 2025

Brussels reportedly considering slapping extraordinary tax on arms giants

Intermoney | The German media Spiegel published a report on Monday in which they mentioned that Brussels is considering imposing some kind of measure on arms giants to prevent billions of euros of public money being invested from ending up directly in the pockets of shareholders. These measures could range from taxes on extraordinary profits to partial nationalisations of the companies or stricter contracts with fixed prices. The German company…

In the World 29th April 2025

Indra Air Traffic wins contract to renew US military air navigation systems with $198m spending ceiling

Link Securities | Indra Air Traffic, a US company of the Indra group (IDR), has won a contract with the US Air Force to renew the military Man-Portable (MP) TACAN air navigation systems, with a spending ceiling of $198m and a completion period until 2032, according to the digital portal Bolsamania.com. The contract with the US Air Force includes the design, engineering, commissioning and technical maintenance and possible future upgrades…

In Europe 23rd April 2025

Indra wins contract to modernise UK’s air surveillance network

Link Securities | Indra (IDR) has won a contract to upgrade the UK’s air surveillance network with new state-of-the-art radars, according to Bolsamania.com. NATS, the country’s air navigation services provider, has awarded the company the project, which will incorporate cutting-edge design and technology to reduce CO2 emissions. In total, Indra will deploy 19 radars distributed in different locations, each equipped with a PSR3D primary radar and a MSSR secondary radar….

Spanish economy 21st March 2025

Indra criticises General Dynamics’ management by announcing intention to buy armoured vehicle manufacturer Santa Bárbara Sistemas

Alphavalue/ Divacons | Expansión comments that Indra is concentrating its signings on defence companies. For his part, the president Ángel Escribano emphasises that they will fulfil the strategic plan ahead of schedule. According to yesterday’s Expansión, the Spanish IT services and consulting company harshly criticised the management of Santa Bárbara by General Dynamics, the US defence giant. The Spanish company started a transatlantic war of words by announcing its intention…

Spanish economy 18th March 2025

Indra: Minsait subsidiary not for sale, company working towards developing higher value services

Banco Sabadell | According to the press, the main messages to be drawn from the appearance of Ángel Escribano (President of Indra) last week in the Congress of Deputies are: (i) Regarding the sale of Minsait, he stated that it is not for sale and that work is being done to develop it into a higher value service, (ii) he did not hide the interest in acquiring Santa Bárbara, but…

Relevant News Item 10th March 2025

Tailwinds for Indra after increase in military spending by at least 1.5% of GDP at EU’s behest: target price up to €30

Intermoney | The EU has urged its governments to increase military spending by at least 1.5 percentage points of GDP, which would imply an increase of around €650 billion in total. To this end, they will present a plan to provide greater fiscal flexibility to governments to boost their defence spending. We have already published a report in which we analysed why allocating 2% of GDP to defence was not…

European economy 6th March 2025

With European defence sector benefiting from geo-strategic environment, Indra trades at lowest multiples

Bankinter: The good momentum in the sector continues and our thematic portfolio is up 30% for the year, especially thanks to European stocks. In February the Munich Security Conference ended without a preliminary agreement to put an end to the war between Russia and Ukraine, but with a clear conclusion: Europe must be prepared and significantly increase its defence spending. In line with this argument, some NATO countries have already…

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