Spanish company Indra Group to step up research and development of defence and space technologies with €385 million in EIB financing
Spain, July 15 -- The European Investment Bank (EIB) has signed a €385 million financing agreement with Spanish technology company Indra Group to boost research, development and innovation of cutting-edge technologies for the defence and space sector. This is the largest EIB's financing agreement in Spain to date to strengthen the European Union security and defence capabilities.The loan is aimed at spurring cutting-edge technologies in areas such as radar, electronic defence, electro-optics, command and control communications and advanced digitalisation. The EIB support will enable Indra to build an integrated technology centre in Torrejon de Ardoz, Madrid region. The planned Indra Technology Hub will be equipped with laboratories an...
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