Indra Forecasts Stronger Defense Growth
Indra raised its defense revenue growth expectations for 2026 to around eighty percent. The surge is primarily driven by TESS Defence vehicle deliveries and strong quarterly results.
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INDRA SISTEMAS SA expects defense revenue growth to reach 80% in 2026, driven by vehicle deliveries. The Spanish technology firm reported strong third-quarter results on Thursday. Shares rose 3.8% during morning trading following the announcement.
