|
Spain invests €6.89 billion in defense modernization with Indra ...
2025-10-15 04:40:14
Technology

Spain invests €6.89 billion in defense modernization with Indra at the forefront

The Spanish government has announced a significant boost to its defense sector, allocating €6.89 billion in loans, primarily directed towards Indra. This funding aims to enhance national security capabilities, pushing overall defense spending to exceed €13.8 billion.

Indra will receive substantial investments for various modernization programs, including advanced radar systems, cybersecurity initiatives, and new vehicle development projects. Notably, the company is set to create a vehicle-launching bridge and upgrade existing armored vehicles.

The government’s commitment reflects a strategic goal to align defense spending with NATO targets of 2% of GDP by 2023, thereby strengthening Spain's military infrastructure. Indra's leadership in European defense technologies was underscored by its CEO, emphasizing collaboration to address capability gaps within the EU.

The press radar on this topic:

EL PAÍS
14. Oktober 2025 um 18:06

Government releases another €6.89 billion in loans to Spanish defense industry, with the majority going to Indra

The Spanish government has released an additional €6.89 billion in loans to the country's defense industry. This brings the total amount allocated for this purpose to over €13.8 billion. Indra, a leading technology company in Spain, will receive the majority of these funds, with €2.178 billion going directly into its coffers and €4.404 billion invested in joint projects with other companies. One such project is the development of a new vehicle for launching bridges, which will be worth €190 mi..
elplural
14. Oktober 2025 um 17:06

Indra Land Vehicles, Prepared to Develop Contracts for Modernizing Ground Platforms of the Armed Forces

Indra Land Vehicles is ready to channel the Ministry of Defense's land contracts to modernize the capabilities of the Armed Forces. The government has approved pre-financing of 31 defense programs, which will allow Indra to advance in its plan to become a leader in the Defense sector. The creation of Indra Land Vehicles is a milestone in this market, as it puts an end to Santa Bárbara's monopoly since its privatization in 2001.
elespanol
15. Oktober 2025 um 00:13

Indra CEO asserts leadership in European defense system technology allocation

José Vicente de los Mozos, Indra Group's CEO, reaffirmed leadership in European defense tech. He showcased IndraMind and AirDef (Air C2) for critical mission decision-making and drone detection. De los Mozos' meetings with EU officials Andrius Kubilius, Theo Francken, Panayiotis Hadjipavlis, Herald Ruijters, Stefan A. Hess emphasized collaboration to bridge European defense capability gaps.
CW

Account

Waiting list for the personalized area


Welcome!

InfoBud.news

infobud.news is an AI-driven news aggregator that simplifies global news, offering customizable feeds in all languages for tailored insights into tech, finance, politics, and more. It provides precise, relevant news updates, overcoming conventional search tool limitations. Due to the diversity of news sources, it provides precise and relevant news updates, focusing entirely on the facts without influencing opinion. Read moreExpand

Spotlighting today's most mentioned stocks in the media. Uncover the stories making waves in the stock market:

A closer look at the individuals who are leading today's news narratives. Find out what makes them the center of attention.

Exploring the five locations receiving the most media attention in the last 24 hours. Discover what puts these places in the global spotlight

Your World, Tailored News: Navigate The News Jungle With AI-Powered Precision!

News

All News
Politics
Technology
Economy
Business
Climate

About

About Us
Team + Mission

Legal

Cookie Settings
Disclaimer
Legal Notice
Data Privacy

Contact

Contact