Indra, the Spanish defence and technology giant, has announced the acquisition of a majority 51.001% stake in TESS Defence, marking a major step in the company's expansion in the land defence sector. The increase in ownership, achieved through the purchase of an additional 26.33% from TESS’s other shareholders (GDELS-Santa Bárbara Sistemas, SAPA, and Escribano), signals Indra's commitment to strengthening Spain's defence autonomy.

Indra acquires majority stake in TESS Defence, strengthening Spain’s armoured vehicle capabilities

Land / By

Indra has announced the acquisition of a majority 51.001% stake in TESS Defence, marking a major step in the company’s expansion in the land defence sector.