- CEO
- Josep Maria Recasens
- Full Time Employees
- 62,689
- Sector
- Technology
- Industry
- Information Technology Services
- Address
- Avenida de Bruselas, 35 Alcobendas MA Spain 28108
- IPO Date
- Oct 19, 2009
- Business
- Indra Sistemas, S.A. (ISMAF) is a leading Spanish multinational technology and consulting company specializing in information technology solutions, defense systems, air traffic management, and digital transformation services. Founded in 1992 and headquartered in Alcobendas, near Madrid, Spain, the company operates through two primary segments: Indra, focused on defense, air traffic, space, and transport solutions including air traffic control systems, aircraft simulators, radar systems, electronic warfare, command and control systems, cyber-defense, rail and urban traffic management, and ticketing systems for rapid transit networks; and Minsait, providing systems integration, consulting, outsourcing, business process services, and advanced digital technologies such as artificial intelligence and quantum computing for public administration, telecommunications, media, financial services, and energy sectors. Indra maintains local presence in 46 countries and commercial operations in over 140 countries, with key revenue contributions from Spain (51.5%), Europe (15.4%), Americas (15.7%), and other regions including Italy, Brazil, Asia, Middle East, and Africa, serving over 60,000 employees as of late 2024.
The company's core offerings encompass proprietary air traffic management and communications, navigation, and surveillance (ATM-CNS) solutions with over 4,000 installations worldwide, including leadership in Europe's SESAR program; defense electronics such as AESA radars, sensors, optronics, and multi-domain systems for land, sea, air, space, and cyber operations; simulation and automatic test equipment; and transport solutions for mobility and infrastructure.
As part of its "Leading the Future" strategic plan launched in 2024, Indra has accelerated growth through key acquisitions including TESS Defence (increasing stake to 51%), Hispasat, Hisdesat, Deimos, Quadrant Group's Micronav and Global ATC, and MQA in Minsait's SAP business; formed Indra Space as a new entity for end-to-end space missions and a joint venture with UAE's EDGE Group for advanced radars; agreed to sell its Business Process Outsourcing (BPO) unit generating 196 million euros in 2024 revenue to Teknei for 96.6 million euros in December 2025 to refocus on defense, aerospace, and digital technologies; secured a 385 million euro financing from the European Investment Bank in July 2025 for the Indra Technology Hub R&D center in radar, electronic defense, and space technologies; and reported 2024 revenues of 4.843 billion euros with an 11.3% EBITDA margin, projecting defense and aerospace to exceed 60% of EBITDA by 2026.