Indra Group and Hanwha Aerospace, a key affiliate of Hanwha Group, have signed a binding agreement (MoU) for the development of state-of-the-art self-propelled artillery systems tailored to the needs of the Spanish Armed Forces. The partnership will provide Spain with autonomous capacity and sovereignty for the design and manufacture of advanced tracked land platforms.
The alliance between Indra Group and the South Korean company—one of the world’s largest defence firms—holds enormous strategic relevance for Spain. The high level of associated technology transfer places Spain among the European powers with their own capability to design, develop, and manufacture innovative tracked land platforms, while strengthening Spain’s technological sovereignty and strategic autonomy.
Signed at Indra Group headquarters in Madrid, this milestone represents a significant step forward for the entire Spanish defence sector by establishing a highly valuable bilateral cooperation relationship. The agreement simultaneously reinforces the position of Hanwha Aerospace, which will benefit from the opportunity to incorporate Indra’s latest-generation systems into its vehicles.
Ángel Escribano, Chairman of Indra Group, stated: “The alliance between two major global defence leaders, Indra and Hanwha, enables us to offer the Spanish Armed Forces real sovereignty and autonomy throughout the life cycle of a new family of land platforms that did not exist until now, and which we are consolidating with the speed required in the current context.”
José Vicente de los Mozos, CEO of Indra Group, added: “Indra, in its role as a driving force of the Spanish economy, is committed to positioning Spanish industry at the highest level, delivering the most advanced systems required by today’s Armed Forces, while leading—together with our partners—the major European defence programs now being launched.”
Jaeil Son, President and CEO of Hanwha Aerospace, said: “We are proud to partner with Indra to support Spain’s sovereign defence capabilities. Building on the world’s most reliable K9 platform, this collaboration brings together our advanced artillery expertise with Indra’s industrial strengths to deliver a reliable, future-oriented solution for the Spanish Armed Forces.”
Frank Torres, CPO of Indra Group and Managing Director of Indra Land Vehicles, and Maro Kim, Head of Indirect Fires at Hanwha Aerospace, signed the agreement at Indra Group headquarters.
