Link Securities | Following approval by the German Parliament, Indra has signed a contract with the Federal Office of Procurement (BAAINBw) of the German Armed Forces (Bundeswehr) to provide its Air Force, the Luftwaffe, with a state-of-the-art low-orbit object detection radar, the digital portal Bolsamania.com reported yesterday. The system will protect active satellites from possible impact with debris from other missions that orbit uncontrollably at high speed and can damage…

Renta 4 | The acquisition of Hispasat gives Indra a 43% stake in Hisdesat (military segment) which, together with the 7% it already owns, gives it control of Hisdesat and allows it to consolidate it. Indra will announce the degree of consolidation in its 4Q24 results presentation (Thursday 27 February). Hispasat and Hisdesat significantly boost Indra’s presence in upstream activities, with a potential market of around €36 million and EBITDA…

Alphavalue/DIVACONS | Eurocontrol successfully implemented, in collaboration with ATOS and Microsoft, the first digital platform for air traffic management in the public cloud. This platform uses digital technology developed by Indra (IDR) and is part of the Integrated Nerwork Management (iNM) programme, driving the digitisation of the systems that manage the European aviation network. Indra: Add, Target Price €20.5/share.

Link Securities | The Spanish technology group is bidding for London’s public transport payment system, valued at £1.5 billion (around €1.8 billion), an amount that does not include VAT of 20%, Expansión newspaper reports today. Indra is one of the two finalists in the bidding process carried out by the public body Transport for London (TfL) for the so-called Proteus Contract. Its rival is Cubic Transportation Systems, the US firm…