Indra Sistemas, S.A. (Spanish pronunciation: [ˈindɾa sisˈtemas]) is a Spanish information technology, transport technology and defense company. Indra is listed on the Bolsa de Madrid and is a constituent of the IBEX 35 index.[2]
 | |
_01.jpg) Headquarters in Alcobendas, Spain | |
Company type | Public |
|---|---|
| BMAD: IDR IBEX 35 | |
| ISIN | ES0118594417 |
| Industry | Information technology Consulting Outsourcing |
| Founded | 1992[citation needed] |
| Headquarters | Alcobendas, Community of Madrid, Spain |
Key people | Ángel Simón, Chairman José Vicente de los Mozos, CEO |
| Services | Defence, transport, energy, telecommunications, financial services and public sector clients |
| Revenue |  €5.46 billion (2025)[1] |
| €586 million (2025)[1] | |
| €439 million (2025)[1] | |
| Total assets | €9.13 billion (2025)[1] |
| Total equity | €1.99 billion (2025)[1] |
Number of employees | 62,396 (2025)[1] |
| Website | www |
The company operates in sectors such as transport and mobility, defense and security, air traffic management, space, public administration, financial services, energy, and telecommunications.
The current non-executive chairman is Ángel Simón, since April 2026,[3] while José Vicente de los Mozos serves as CEO since May 2023.[4]
Business areas
editIndra structures its activities around several core business areas focused on the development and delivery of technology solutions for complex, mission-critical environments.
Mobility and transport
Mobility is one of Indra’s main business areas, focused on intelligent transport systems for urban, interurban, and rail environments. The company provides technology solutions for transport authorities and operators worldwide, including:
- Electronic fare collection and ticketing systems
- Multimodal transport management platforms
- Traffic, tunnel, and road infrastructure management systems
- Tolling and congestion charging solutions
- Rail control, supervision, and signaling support systems
- Digital mobility services, including data analytics and mobility-as-a-service (MaaS) platforms
Defense and security
Indra develops advanced technology solutions for defense and security applications, serving military and civil authorities. Its activities include:
- Radar and surveillance systems
- Electronic defense and electronic warfare solutions
- Command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR) systems
- Simulation and training systems for defense forces
Air traffic management
The company is a global provider of air traffic management solutions for civil and military aviation, including:
- Air surveillance and radar systems
- Flight data processing and control systems
- Airspace and airport operations management platforms
- Integrated civil-military air traffic coordination systems
Digital transformation and IT services
Indra offers information technology and consulting services to support digital transformation across multiple sectors, including:
- Systems integration and software development
- Cloud and digital platform services
- Cybersecurity and identity management
- Data analytics and artificial intelligence solutions
- IT services for public administration, financial services, energy, and telecommunications
Other sectors
In addition to its core business areas, Indra delivers specialized technology solutions for:
- Energy and utilities management
- Healthcare information systems
- Electoral and public sector systems
- Industrial and infrastructure digitalization
History
editThe company was formed as Ceselsa-Inisel S.A. upon the merge of Ceselsa and Inisel (by absorption of the latter by the former).[5] The initial share pool was owned by INI (62%), José Antonio Pérez Nievas (20%), Sainco (4%), BBV (4%), and Paribas (3%).[6]
In January 2025, Ángel Escribano was appointed as executive chairman in replacement of Marc Murtra, who was appointed as Telefónica chairman.[7] Also in January 2025, Indra purchased the 89.68% of communications satellite operator Hispasat from Redeia.[8] Later in 2025, in the context of General Dynamics European Land Systems' rejection of Indra offers for Santa Bárbara Sistemas (and its factory in La Trubia), Indra president Ángel Escribano announced plans to launch an 'Indra Land Vehicles' division and the purchase of a factory in Gijón from Duro Felguera to develop military vehicles.[9][10]
In March 2026, Indra and Rheinmetall signed a strategic partnership agreement aimed towards the production of military vehicles, including the creation of a joint venture set to bid for a contract of the Spanish armed forces.[11] It also signed an industrial collaboration agreement with the Korean company Hanwha to develop a self-propelled artillery system for the Spanish military.[12]
In April 2026, Escribano resigned as executive chairman and Ángel Simón was appointed as non-executive chairman.[13]
In May 2026, the Irish rail company, Iarnród Éireann, wrote off €50 million for a failed software system project by Indra Sistemas. There were serial missed deadlines and a lack of confidence about the ability of the company to provide software to meet the terms of a contract for a new rail traffic management system. The Irish parliamentary Public Accounts Committee was told that the failed Indra project had cost a "staggering amount of money" and was an "absolute scandal".[14]
Revenues
editAbout a third of the company's annual revenues come[when?] from international markets.[citation needed] By geographical areas, Europe and the United States are[when?] the two international markets with the greatest weight and growth for Indra. Indra is operating also in Latin America.[citation needed]
Shareholder structure
editAs of 6 May 2026, this is the current shareholder structure of the company:[15]
| Society | Shares | |
|---|---|---|
| Free float | 48.3% | |
 Sociedad Estatal de Participaciones Industriales |
28.00% | |
| SAPA |
7.94% | |
 Amber Capital |
7.24% | |
 T. Rowe Price |
5.01% | |
| D. E. Shaw & Co. |
3.51% | |
References
edit- 1 2 3 4 5 6 "Indra Sistemas, S.A. And Subsidiaries Consolidated Financial Statements for the year ended 31 December 2025 and Consolidated Directors Report, together with Independent Auditor's Report" (PDF) (in Spanish). Indra Sistemas. Retrieved 26 February 2026.
- ↑ Pinto, Manuel (14 March 2025). "Indra impulsa al Ibex 35". La Razón.
- ↑ Masa, Raúl (2026-04-03). "Ángel Simón toma las riendas de Indra con el futuro en manos del Gobierno". Diario ABC (in Spanish). Retrieved 2026-05-07.
- ↑ Guijarro, Raquel Díaz (2023-05-18). "José Vicente de los Mozos, nuevo consejero delegado de Indra". Cinco Días (in Spanish). Retrieved 2026-05-07.
- ↑ Calvo, Angel (2019). "Sector privado y sector público en la industria española de alta tecnología: Indra". Biblio3W Revista Bibliográfica de Geografía y Ciencias Sociales. 24 (1259). Universitat de Barcelona. doi:10.1344/b3w.0.2019.27427. ISSN 1138-9796.
- ↑ García, Ter (15 November 2019). "De EISA a Indra, 80 años de fusiones para crear el grupo tecnológico estatal de referencia". La Marea.
- ↑ Martínez, Jesús (20 January 2025). "Moncloa blinda el control sobre Indra a costa de colocar a Escribano en la presidencia". La Información Económica – via 20minutos.es.
- ↑ "Indra ejecuta el plan de Moncloa y compra el 90% de Hispasat a Redeia por 725 millones". El Confidencial. 31 January 2025.
- ↑ Carrasco, Benjamín (13 March 2025). "Indra crea la división Land Vehicles y comprará a Duro Felguera una planta en Gijón para fabricar vehículos militares". Infodefensa.
- ↑ Carrasco, Benjamín (14 March 2025). "Escribano critica la gestión de GDELS en Santa Bárbara: "Ha destruido casi todo el tejido industrial"". Infodefensa.
- ↑ "Indra firma una alianza con el gigante alemán Rheinmetall que aspira a fabricar 3.000 vehículos militares". Cinco Días (in Spanish). 26 March 2026. Retrieved 27 March 2026.
- ↑ "Indra firma con la coreana Hanwha un acuerdo para desarrollar en España sistemas innovadores de artillería autopropulsada para Defensa". La Información Económica (in Spanish). 24 March 2026. Retrieved 27 March 2026 – via 20minutos.es.
- ↑ "Ángel Escribano dimite como presidente de Indra por la presión del Gobierno, que propone a Ángel Simón como alternativa". El Mundo (in Spanish). 2026-04-01. Retrieved 2026-05-07.
- ↑ Hurley, Sandra; McGrath, Pat (2026-05-21). "€50m write-off of Iarnród Éireann IT project an 'absolute scandal". RTÉ News.
- ↑ "Shareholders structure". Indra. Retrieved 8 Mar 2023.