Indra begins the Ángel Simón stage

MadridIndra's staff learned this Wednesday who has been president for two weeks, Àngel Simón. Both the Catalan executive and the CEO, José Vicente de los Mozos, have summoned employees and explained the company's situation, where the top management has just experienced an earthquake with the departure of the then-leader, Ángel Escribano. The change of presidency, however, is not presented as a turnaround: "Now we are starting this new phase with Àngel Simón, who also supports the [company's] strategic plan," De los Mozos stated this Wednesday morning, during an appearance at a forum organized by El Español. In fact, he has taken on the executive functions as CEO, not Simón. The executive joined the company in 2023, under the mandate of Marc Murtra.

"I worked as a team with Marc Murtra and Ángel Escribano, and I will do so with Àngel Simón," said De los Mozos, who limited himself to commenting on the change in leadership. The strategic plan currently on the table was presented in March 2024 by Murtra and De los Mozos. A roadmap under the slogan Leading the future which is to be updated in 2026, in principle in the first semester. In fact, the CEO stated that they are already working on it and has placed it as one of the priorities. In this plan, Indra projected revenues of 6 billion euros in 2026, but now it would far exceed them thanks to European and Spanish rearmament.

20 billion in orders

The CEO has estimated Indra's order book for 2026 at "20 billion euros", and not only has he cited some examples, but he has also taken for granted that "more things will fall", referring to new contracts. The priority, De los Mozos said, is to meet deliveries. "Today Indra has more than 20 billion euros in its portfolio, so the first priority is delivery; the second, delivery and the third, delivery, and that is what we have to do in the sector", he said.

All in all, Indra aspires to be the "locomotive" company in the defense sector in the State. "We have to keep evolving towards here. We will not always agree, but the commitment is to work with alliances. Not a single company can work alone. We have to be generous, on everyone's part", said the CEO. This privileged position of Indra, especially regarding the distribution of resources that depend on the Spanish government and thanks to which companies in the sector see their results grow, has generated tension in the sector about whether a "monopoly" situation could be created.