Sunday, November 8, 2026
TGOs

The business of defense

Get the Weekly

Company

Indra Sistemas, S.A.

Indra Group is a Spanish defence, aerospace and advanced digital technology company. ↗

HeadquartersAlcobendas, Community of Madrid, Spain ↗
LeadershipÁngel Simón, Chairman ↗; Josep Maria Recasens, Chief Executive Director ↗; Víctor Martínez is Executive Vice President of Air Traffic Management and Mobility at Indra Group ↗
Employees62,000+ ↗
OwnershipPublic, Bolsa de Madrid, IBEX 35 ↗; SEPI, largest shareholder ↗
Websitewww.indracompany.com/en ↗

Products

  • Indra builds the Tarsis family of Class I drones, weighing less than 150 kg, for the Spanish Armed Forces under a Special Modernization Program it leads. ↗
  • Indra's Olathe, Kansas facility produces NEXCOM VHF/UHF air-to-ground digital radios for FAA programs. ↗
  • Indra Group USA is to produce more than 1,500 ADS-B radios at its Olathe facility. ↗
  • Indra's Olathe facility is also to produce portable Tactical Air Navigation (MP-TACAN) systems for the U.S. Air Force. ↗
  • Indra offers the Aracne counter-drone system and the COAAAS air defence system. ↗
  • Indra unveiled the Squall cruise missile and the Drizzle effector at the 2E+I Army 35 forum. ↗

Customers

  • Indra Group USA produces radars and NEXCOM radios for Federal Aviation Administration programs. ↗
  • The U.S. Air Force is a customer for Indra's MP-TACAN portable navigation systems. ↗
  • The Spanish Armed Forces are customers for Indra's Tarsis drones. ↗

Deals since 2020

Jun 202302

Northrop Grumman sells Park Air Systems to Indra Sistemas

Buyer: Indra Sistemas

UndisclosedClosed Oct 3, 2023

The deal tracker

Other acquisitions

  • Indra Group is acquiring all of Dares Technology, a Barcelona-based maker of synthetic-aperture radar and radar image processing, founded in 2015. ↗
  • Indra bought 89.68% of satellite communications operator Hispasat from Redeia in January 2025. ↗
  • Indra Group agreed to acquire a stake in TRC. ↗

Our coverage