Business · Companies · 15 hrs ago

Indra chief calls for unified European defence capabilities

Indra chief calls for unified European defence capabilities

Indra president Ángel Simón called for Europe to unify its defence capabilities at a forum in Barcelona.

He said European countries coordinate now, but still have further to go to bring their capabilities together.

Recent crises and wars have exposed weaknesses in European security, while doubts about US support have prompted calls for greater strategic independence.

Simón said security includes areas such as digital systems, space and payment systems, not just military defence.

Indra wants to grow through partnerships and defence contracts so it can become a leading company in Spain and Europe and reduce dependence on others.

Simón said Europe remains reliant on foreign technology and supply chains, and argued that security investment can also support innovation and jobs.

The company is continuing its strategy as defence contracts are expected in the coming years, though the text gives no specific timetable or next decision.

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What people are saying

Ángel SimónIndra president
There is coordination in Europe, but the ideal would be a unification of capabilities. We still have a way to go.
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We are not self-sufficient in technology and we have economic dependence on supply and logistics chains.
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Security is a much broader area than defence: it is space, cyberspace, payment methods, digital...
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There will be no butter if we do not build cannons.
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