Urgent.News

What's breaking now, across thousands of outlets.

Business

Simón crea tres megadivisiones para pilotar la Indra del futuro

Indra cuenta con tres nuevas áreas de negocio claves que sustentarán el despliegue del nuevo plan estratégico: Defensa y Espacio, Operaciones y Estrategia, Tecnología y Producto. Leer

Original Spanish Read in English

Simón crea tres megadivisiones para pilotar la Indra del futuro

Indra, a leading Spanish defense and aerospace company, has recently restructured its business model by creating three major divisions to support its future growth. These divisions are aligned with the company's new strategic plan and include Defense and Space, Operations and Strategy, and Technology and Product. This reorganization follows the first major restructuring led by Indra's CEO, Angel Simón, and his COO, Josep Maria Recasens.

The new Defense and Space division combines Indra Land Vehicles, which specializes in military armored vehicles, with the Space area. This move highlights the increasing importance of the space sector within Indra's defense business, following the acquisition of Hispasat and Hisdesat. Juan Ramon Hernández, appointed in 2024 as Director of Institutional Development and Corporate Affairs, now leads the Defense and Space division, overseeing budgets for major programs such as armored vehicles, artillery systems, Earth observation satellites, and military communications.

Another significant division emerging from this restructuring is Operations. Frank Torres, a Catalan director with experience in the automotive industry, will lead this cross-functional, transversal division. Torres has been involved in managing Indra Land Vehicles and is expected to help drive new projects and plans for Indra. The Operations division will serve as a guiding force for the company's overall strategy, as outlined in the company's new roadmap, set to be revealed on November 25th.

Written by urgent.news from Expansion ES's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at expansion.com →

More in Business

Azora closes a fund to invest up to 4.5 billion in real estate

Azora raises a total of €2.050 billion with its third value-added fund to invest in key markets such as Spain, Italy, Portugal and Greece.

  • Azora closes $4.5 billion fund for real estate investment
  • SEO III targets Spain, Italy, Portugal, Greece markets
  • Fund aims to transform urban assets and properties

More from Thursday 1 October →