Announced
Completed
Synopsis
Indra Sistemas, an information technology company, completed the acquisition of the defence and aerial systems business of Aertec, a company specializing in aerospace technology. Financial terms were not disclosed. "This operation is part of Indra’s strategy to become a national leader in the development of complete medium-sized UAS at a time when the market is demanding such solutions. With the incorporation of Aertec DAS, the company strengthens its new Indra Weapons & Ammunition division, focused on the development of anti-drone systems, precision-guided systems, directed energy systems, and unmanned vehicles," said Ángel Escribano, Indra Group Executive Chairman.
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