Indra wins nearly 300 million euro contract to modernize US air traffic control

Spanish firm Indra has secured a nearly 300 million euro contract from the US Federal Aviation Administration to upgrade air traffic control systems. The deal aims to replace obsolete radars and enhance flight safety. It complements a similar project awarded to US company RTX.

Indra, a Spanish company specializing in technology and defense, has been selected by the United States Federal Aviation Administration (FAA) for a contract worth nearly 300 million euros. The announcement was made on Tuesday, alongside Secretary of Transportation Sean Duffy. The project involves renewing hundreds of obsolete radars, essential for aircraft detection and tracking, to strengthen air transport safety and efficiency.

The FAA deems this modernization "crucial" for the surveillance system. The new equipment will enable monitoring of up to 612 more modern radars, with deployment starting this quarter and prioritizing high-traffic areas. Additionally, management will be simplified by unifying the current 14 radar configurations, easing maintenance and cutting logistical costs.

"Our radar network was outdated and needed urgent renewal," stated Bryan Bedford, FAA administrator. "With these new systems, we not only reinforce flight safety but also support US industrial production and ensure a more modern and reliable surveillance infrastructure," he added.

This contract complements the one awarded to RTX's subsidiary Collins Aerospace, worth about 375 million euros, for a similar initiative. Indra, a standout in the Ibex 35, posted the best performance in 2025 with a 184.7% rise. At the start of 2026, its shares gained 10.6%, trading at 53.85 euros per share, despite a 1% drop on Tuesday, amid rising geopolitical tensions.

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Indra president Ángel Escribano has received the Ibex 35 Executive of the Year award from Cinco Días at a ceremony in the Madrid Stock Exchange. He dedicated the award to his employees and defended his industrial plan, backed by the market, days after suspending the merger with Escribano Mechanical & Engineering. He also announced a 130 million euro investment with Hanwha for artillery.

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