Indra Group has today signed the agreement formally closing the acquisition of the Duro Felguera production plant in Gijón (Asturias), which includes the incorporation to Indra of its 156 professionals, with the aim of transforming the plant into one of Europe's most modern military vehicle and tank factories.
Indra thus increases its industrial capabilities and positions itself as a benchmark in the Spanish and European defense sector. It is also taking the first step towards making Asturias the nerve center of all its land platform production activity, a field that makes heavy use of cutting-edge technologies and with huge growth potential in Spain and the rest of the European market, due to its growing demand.
The acquisition also strengthens Spain's and Europe's defense industrial base and contributes to ensuring European sovereignty and autonomy.
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Download free sample pages More informationIndra Group's CEO, José Vicente de los Mozos, highlighted that "today marks the beginning of the commitment I announced to bring together the manufacturing of high-value military land vehicles in Asturias, using 100% Spanish technology, through Indra Land Vehicles. It is a reflection of our commitment to Spanish talent and domestic manufacturing capabilities in a region with a long and rich industrial history we must revitalize, one with a network of experienced suppliers and highly specialized professionals that our country needs."
José Vicente de los Mozos, pointed out that "this acquisition is aligned with the strengthening of our industrial capabilities, one of the objectives of our Leading the Future Strategic Plan, which will help us to continue to grow and become more competitive. We have to be able to produce more and faster, to strengthen our operational autonomy while also doing our bit to ensure the sovereignty of Spain and Europe".
Following the completion of the operation, a ceremony was held to welcome the factory's 156 professionals to Indra. They have far-reaching experience in complex tasks for the design and manufacture of heavy industrial parts and they will now be trained by Indra to work on defence projects. The company will also make a significant investment in modernizing the machinery and equipment and reconfiguring the production areas.
The industrial plant acquired by Indra boasts 75,000 square meters, 23,000 square meters of which are covered, a space that Indra will upgrade to install new manufacturing and assembly lines for all kinds of military, tracked and wheeled vehicles.
Indra's plans include the sustained growth of the plant, with the aim of becoming a spearhead for Spain’s participation in the multinational programs set to arise in the coming years to develop state-of-the-art tanks, which will require the use of advanced production processes typical of Industry 4.0.
