Indra

German and Spanish companies involved in the defunct Future Combat Air System (FCAS) program are urging their governments to maintain funding for sixth-generation fighter jet expertise. The companies, including Airbus and Indra, argue that a funding lapse would cause irreversible expertise loss and advocate for multinational collaboration, potentially aligning with programs like the British-Italian-Japanese Global Combat Air Programme (GCAP).

Irish Rail has written off €50 million on a failed train traffic management system that was originally budgeted at less than €20 million. The troubled project, developed by contractor Indra, represents another costly public-sector IT failure and has prompted parliamentary scrutiny over governance and financial oversight.

Indra CEO is leaving the company in the latest shakeup at Spain's defense champion. The departure is a significant change for the organization. Further details about the transition have not been disclosed.