Third Point acquires stake in Spanish defense firm Indra and backs expansion plans
US hedge fund Third Point has acquired a stake in Indra and supports its plan to buy Escribano. This move aims to help create a new national defense champion.
Insights:
United States 
US hedge fund Third Point, led by Dan Loeb, has acquired a stake in the Spanish defense firm Indra Sistemas, S.A. and publicly backed a proposal for the company to acquire Escribano Mechanical & Engineering. As reported on February 16, 2026, the investment and endorsement were detailed in a contemporaneous letter sent to the board of Indra and to Sepi, the state holding group that manages the 28% stake held by the government in Spain 
ES.
US hedge fund Third Point, led by Dan Loeb, has acquired a stake in the Spanish defense firm Indra Sistemas, S.A. and publicly backed a proposal for the company to acquire Escribano Mechanical & Engineering. As reported on February 16, 2026, the investment and endorsement were detailed in a contemporaneous letter sent to the board of Indra and to Sepi, the state holding group that manages the 28% stake held by the government in Spain ES.
