Overview
- Pedro Sánchez posted a video confirming the La Moncloa meeting, which he said focused on consolidating Spanish leadership in security and defense technologies.
- CEO Jokin Aperribay and vice president Ibon Aperribay presented Sapa’s plans to expand in Spain, Europe and the United States, aiming for EU and NATO leadership in transmissions and powertrains.
- Sapa said General Dynamics selected its transmissions for the U.S. Army’s NextGen vehicle effort, with the deal described by sector sources as worth about €5 billion.
- The company plans to begin broader European growth in 2026, building on participation in 17 defense programs across Spain and the United States, including Pizarro and the VCR 8x8.
- Sapa cited stakes in Indra (7.94%) and Tess Defence and an €18 million R&D center in Jaén due in 2026, while the government praised industry leadership and collaboration.