Indra Reaffirms Leadership with Ángel Escribano at Helm
Company - People | Jun 27, 2025 | EIN
Indra Group's General Shareholders' Meeting has re-elected Ángel Escribano as Executive Chairman, endorsing his leadership with a 98.49% majority. The meeting saw approvals for 2024's financial records and a dividend announcement. Deloitte continues as auditor for 2025, with PwC taking over from 2026-2028. New appointments were made to the Board, now 50% independent, aligned with equality laws. Shareholders approved amending activities in Indra’s articles, setting the stage for future strategic developments in military and aerospace segments. Escribano outlined the company's ambitious growth plans, highlighting Indra Space, Land Vehicles, Weapons & Ammunition, and a focus on cybersecurity and AI. CEO José Vicente de los Mozos discussed strategic priorities, including mergers, showcasing Indra's intent on expanding capabilities and strengthening Europe's defense industry. The aim to double defense contracts by 2025 marks a significant strategic objective.
Sectors
- Aerospace and Defense
- Corporate Governance
Geography
- Spain – Indra Group’s headquarters in Alcobendas, Madrid, and the broader focus on strengthening Spain's and Europe's defense capabilities.
- Europe – Indra’s strategic initiatives are set in the context of reinforcing European defense and security, with plans to play a leading role in continental security and industrial autonomy.
Industry
- Aerospace and Defense – The article focuses on Indra’s strategic plans in aerospace and defense, aiming to enhance capabilities in military vehicles and systems, and doubling defense contracts.
- Corporate Governance – The article discusses the outcomes of Indra’s General Shareholders' Meeting, including board appointments and strategic decisions, highlighting governance practices.
Financials
- 0.25 euros per share – Declared dividend per share for shareholders, to be paid on July 10.
- Over 2 billion euros – Targeted revenue from doubling defense contracts in 2025.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Indra Group | Target Company | Company | A leading Spanish company in technology and defense, focusing on aerospace, security, and technological advancements. |
| Ángel Escribano | Executive Chairman | Person | Recently re-elected as Executive Chairman, pivotal in steering Indra’s strategic transformation. |
| José Vicente de los Mozos | CEO | Person | CEO of Indra Group, instrumental in executing the group's strategic vision and expansion. |
| Deloitte Auditores | Auditor | Company | Current auditor for Indra, handling sustainability reports and financial auditing for 2025. |
| PriceWaterHouseCoopers Auditores | Future Auditor | Company | Set to take over auditing duties from 2026 through 2028 as approved by shareholders. |
| SAPA Placencia | Representative Board Member | Company | Institution represented by Jokin Aperribay on Indra’s Board of Directors. |
| SEPI | Proprietary Director | Government | Spain's State Industrial Holdings Company, represented on the Board by Antonio Cuevas and Miguel Sebastin. |