Lockheed Martin and Indra ink new industry teaming agreement

Lockheed Martin, the global aerospace and deterrence company, and Indra, one of the leading global technology and consulting companies, have signed a new collaboration agreement to jointly explore areas of co-operation in the air, land, sea and cyberdefence sectors, as well as in simulation and sustainment.

The agreement, signed by Ray Piselli, vice president International, Lockheed Martin and José Vicente de los Mozos, chief executive officer Indra, paves the way for engineers at the Spanish company to develop and manufacture defence and training systems for Spain and other world markets.

Speaking at the signing event, Ray Piselli said: “Developing mutually beneficial relationships with Spanish industry is a key focus for our team. This new agreement with Indra will strengthen our enduring relationship with Spain. It shows Lockheed Martin is a corporate citizen that is here for the long-term to support Spanish security, its industry, and the national economy for decades to come.”

“Indra must play a leading role in the transformation the defence industry needs, and this agreement will contribute substantially to this purpose, making the industry more competitive and providing it with greater capabilities for the challenges ahead,” said Indra chairman Marc Murtra.

José Vicente de los Mozos added: “This agreement with Lockheed Martin highlights the value of the cutting-edge technology we're developing in Spain in areas such as air defence, radars, electronic defence, cyberdefence, simulation and sustainment, as well as our capacity to integrate, manufacture and market systems worldwide. Collaboration in these areas strengthens our position and that of the Spanish industry as a whole.”

For more than 20 years, Lockheed Martin has supported the Spanish Navy in its missions through delivering highly capable systems for F-100 frigates, S-80 submarines, MH-60R and SH-60B helicopters.

Lockheed Martin’s partnerships across the world result in millions of dollars being invested with the international companies that are part of its global supply chain, creating security and prosperity for nations the company works with.

To date, through industrial partnerships, Lockheed Martin has delivered more than $1 billion of industrial benefits to Spain, with Spanish industry supporting a number of Lockheed Martin programmes around the world.

Indra is the leading Spanish engineering technology company serving the Defence industry. Its state-of-the-art solutions cover all defence domains, ranging from operations with end-to-end defence systems and onboard systems of the most advanced platforms to training with cutting-edge simulation systems. As an expert in radar, electronic defence, command and control and communication technologies, Indra incorporates artificial intelligence, big data, virtual reality and combat clouds in its cutting-edge critical defence systems.

The company is the Spanish company participating in the largest number of European Union-led projects, coordinating some of the most important. It also exports its radars to five continents and is one of the principal suppliers of transportable tactical radars for NATO.

About Lockheed Martin

Headquartered in Bethesda, Maryland, Lockheed Martin Corporation is a global security and aerospace company that employs approximately 116,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.

For additional information, visit the website: www.lockheedmartin.com

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About Indra

Indra (www.indracompany.com) is one of the leading global technology and consulting companies, and a world leader in technological engineering for the aerospace, defence and mobility markets and digital transformation and information technologies in Spain and Latin America through its subsidiary, Minsait. Its business model is based on a comprehensive range of proprietary products, with an end-to-end, high-value approach and a significant innovative component, making it the technological partner for the digitalization and key operations of its clients around the world. Sustainability forms part of its strategy and culture in order to overcome current-day and future social and environmental challenges. In the 2022 fiscal year, Indra achieved revenue totaling €3.851 billion, with almost 57,000 employees, a local presence in 46 countries and business operations in over 140 countries.