The companies plan to establish a joint venture later this year to bid for a Spanish Army contract covering up to 3,000 military trucks. The initiative is expected to form part of broader efforts to strengthen their position in the European defence market.
The agreement outlines cooperation across multiple areas, including modernisation of tracked armoured vehicles and development of tactical support vehicles. It also covers joint participation in infantry fighting vehicle programmes and potential consortia for logistics truck opportunities.
Beyond land systems, the partnership will extend to areas such as space-based communications. The companies said the aim is to develop innovative solutions while reinforcing Europe’s defence industrial base over the long term.
The memorandum establishes a framework for cooperation across the full value chain, from system integration to production and service. Both companies will contribute expertise in areas including sensor technology, digitalisation and platform systems.
“It’s a perfect match: Indra is the market leader in Spain, and Rheinmetall is the market leader in Germany. We intend to collaborate on vehicles, satellites, electronics, and naval systems. The starting point for this collaboration is the Spanish government’s two tenders for up to 3,000 military trucks and several hundred tactical vehicles. We’re talking about several billion euros,” said Armin Papperger, Chief Executive Officer of Rheinmetall.
“With this Memorandum of Understanding, Rheinmetall and Indra are sending a clear signal for deeper European cooperation in the defence sector between Germany and Spain. Together, we are pooling our technological expertise to develop high-performance and future-oriented solutions for our customers,” Papperger added.
“The long term relationship of trust we have established with Rheinmetall enables us to explore new areas of collaboration to deliver increasingly advanced systems, at ever greater speed, while ensuring the future leadership position of the European industry worldwide,” said Ángel Escribano, Executive President of Indra Group.
“Indra once again demonstrates its ability to build partnerships that allow us to accelerate delivery of the systems our customers require, reaffirming our commitment to Europe and its allies to reinforce technological sovereignty and strategic autonomy,” said José Vicente de los Mozos, Chief Executive Officer of Indra Group.
The companies said the agreement reflects a shared objective to combine their technological capabilities and expand cooperation in key markets. The partnership is expected to focus particularly on Spain, Germany and selected countries in Latin America.
