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Ángel Escribano keeps Indra presidency after board meeting
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Indra's board meeting on Wednesday resulted in no changes to top management, with Ángel Escribano remaining president and José Vicente de los Mozos as CEO. The state-owned SEPI, holding 28% stake, did not push for alterations due to lack of support and recent stock declines. Funds like T. Rowe Price raised their stake above 5% backing Escribano.
The Philippines is seeking to expand defense cooperation with NATO and European partners, the Department of National Defense said. Defense Secretary Gilberto Teodoro Jr. raised the proposal in a meeting with Admiral Giuseppe Cavo Dragone, NATO chair, on the sidelines of the 2026 Paris Defence and Strategy Forum on Tuesday, March 24.
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Adm. Kim Kyung-ryul took office as the new Navy chief on March 25, pledging to bolster naval power by combining manned and unmanned combat capabilities. His predecessor, Adm. Kang Dong-gil, stepped down over alleged involvement in a botched martial law bid in late 2024. Defense Minister Ahn Gyu-back highlighted maritime security's link to national interests amid Middle East tensions.
President Ferdinand Marcos Jr. stated that the administration's commitment to national security remains firm during the Philippine Army's 129th anniversary at Fort Bonifacio. He vowed to continue modernizing the military and enhancing the Army's role in external defense.
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On Wednesday, President José Antonio Kast held meetings with the Army commander-in-chief, General Pedro Varela, and Navy commander-in-chief, Admiral Fernando Cabrera, to learn about the Armed Forces' needs. The meetings, attended by Defense Minister Fernando Barros, aim to advance defense policies and strengthen joint efforts.
En stor del av Sveriges skyddsrum är gamla och behöver rustas upp. Myndigheten för civilt försvar kontrollerar dem, och takten ökar snart med mer pengar och nya ansvariga. Många skyddsrum skyddar mot tryckvågor och splitter, men brister finns mot kemiska och kärnvapen.
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Building on initial reports of interest, Japan will notify the US next week of its intent to join the 'Golden Dome' missile defense project, Prime Minister Sanae Takaichi said ahead of her March 19 summit with President Trump. Officials anticipate US requests for Japanese missile production to replenish stocks amid Middle East and Ukraine conflicts.
Volkswagen förhandlar om delar till Iron Dome vid fabriken i Osnabrück
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