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    <title><![CDATA[Ara in English - military industry]]></title>
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      <title><![CDATA[Changes in the defense business]]></title>
      <link><![CDATA[https://en.ara.cat/editorial/changes-in-the-defense-business_129_5598547.html]]></link>
      <description><![CDATA[<p><img src="https://static1.ara.cat/clip/0693edaa-952b-46a5-a228-14cd12784840_16-9-aspect-ratio_default_0.jpg" /></p><p>Who manufactures weapons in Spain? The European consortium Airbus, Navantia (a state-owned company), Indra, GDELS-Santa Bárbara Sistemas, Expal, and ITP Aero. These are the major players in the Spanish military industry, which, as in most countries, concentrates the bulk of the business in the hands of a few. Specifically, these six companies control 80% of the market. In Catalonia, only Indra has a presence: it has up to 12 facilities spread across the region, with 3,500 employees. Indra, an IBEX 35 company headquartered in Madrid, has made significant progress in recent years, ever since the Sánchez government assigned it the role of "national coordinator" in the program to replace the Eurofighter aircraft in 2019. In 2020, Marc Murtra, from the Socialist Party, arrived as non-executive chairman—he is now executive chairman of Telefónica. With 28% of the share capital, the State is Indra's largest shareholder. Murtra's predecessor was Fernando Abril-Martorell, a member of the People's Party (PP). The current CEO is Ángel Escribano: Escribano Mechanical & Engineering (EM&E Group) is Indra's second-largest shareholder, with 14.3%. The other major shareholders are the Basque company SAPA (7.9%) and the Amber fund (7.3%), the main owner of Prisa. In 2024, Indra's profit increased by 35% compared to the previous year, reaching €278 million. </p>]]></description>
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      <pubDate><![CDATA[Sat, 20 Dec 2025 17:46:33 +0000]]></pubDate>
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      <media:title><![CDATA[The headquarters of the multinational Indra in Madrid. INDRA]]></media:title>
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