With this operation, it consolidates its commitment with the strengthening of the Spanish industrial fabric and contributes to position Spain as a global reference in the defense and security sectors.

Madrid, December 5, 2024. EM&E Group, a leader in defense and security innovation and technology, has increased its stake in Indra to 14.3% of the IBEX 35 listed company. The company, which was already Indra’s first industrial partner and its second largest shareholder only behind SEPI, has now increased its stake by 6%, which strengthens its position in the company.

In the current geopolitical context, EM&E thus reflects its firm commitment with the growth and development of the technological industry and consolidates its presence in the strategic sectors of defense, aerospace and security, strengthening synergies with Indra, a key player in these areas.

EM&E, whose estimated turnover for 2024 exceeds 300 million euros, of which more than 60% corresponds to the international market, expands its influence and responds to the high global demand for remote weapon stations, ammunition guidance systems, anti-drone solutions, robots and border surveillance systems, solutions in which it is a European and international benchmark.

Con una cartera de pedidos superior a 1.000 millones de euros, EM&E recientemente ha renovado su rating BBB (Investment Grade), un reconocimiento que acredita su solvencia para emprender operaciones corporativas y que sólo logra el 8% de las empresas auditadas.

Established in 1989, EM&E has based its growth on a strategy of vertical integration of capabilities and technologies and a strong commitment to investment in R&D, which has enabled it to position itself at the technological forefront in the development of complex defense systems with high reliability and added value.

With a workforce of almost 1,300 professionals and a clear commitment to territorial cohesion with centers in Madrid, Huesca, Cordoba, Asturias, Cadiz and Valencia, the Group is consolidating the various investments it has made this year. These include the acquisition of new infrastructures, the creation of its new electronics subsidiary EM&E Electronics and the companies it will integrate into it, as well as the incorporation of new strategic capabilities, such as robotics technology and photonics.

With its 14.3% stake in Indra, the EM&E Group consolidates its commitment to strengthening the Spanish industrial fabric and contributes to improving Spain’s competitiveness in the global defense and security market.

About EM&E: www.eme-es.com