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Indra Wins €1.6 Billion Contract With EU Satellite Project

Infrastructure & DefenseGeopolitics & WarCompany FundamentalsTechnology & Innovation

Hispasat, owned by Indra Sistemas SA, was selected as the primary contractor for an IRIS² secure satellite services project worth more than €1.6B ($1.8B) for the EU. The contract supports Europe’s push for an indigenous, secure communications constellation, providing a meaningful new revenue opportunity for the company.

Analysis

Hispasat, owned by Indra Sistemas SA, was selected as the primary contractor for an IRIS² secure satellite services project worth more than €1.6B ($1.8B) for the EU. The contract supports Europe’s push for an indigenous, secure communications constellation, providing a meaningful new revenue opportunity for the company.

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