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Indra Forms New Land Vehicles Subsidiary After Acquiring Gijón Plant

It will spearhead European tank modernization projects as it expands domestic production capacity at the newly acquired Gijón site.

Overview

  • Indra finalized the €3.6 million purchase of DF Calderería Pesada—known as El Tallerón—subrogating 156 workers and planning to hire about 100 more.
  • The newly established Indra Land Vehicles will operate outside the Tess Defence consortium to forge partnerships in other markets.
  • El Tallerón is slated to produce Leopard tank upgrades for Spain’s army and support prototype work on the future European Main Ground Combat System.
  • Indra remains at the helm of the Tess Defence consortium, which will deliver 8×8 Dragon and VAC armored vehicles to the Spanish Army over the next decade.
  • On July 29, Indra closed its acquisition of Aertec’s drone business and secured pre-agreements with Rheinmetall to integrate its multiplatform defense technologies.