Indra expects Tess Defense to deliver 100 8×8 VCRs in 2025 and another 100 in 2026.

Indra It is planned that the industrial consortium Tess Defenseof which he is the majority shareholder this week, bet a hundred Wheeled combat vehicles (VBM) 8×8 Dragon To Ministry of Defense within 2025.

The technology multinational estimates that another 100 units will enter the military during 2026. “They are expected to be able to deliver around 100 units in 2025 and another 100 in 2026,” said CFO Indra., Miguel Forteza, on a conference call with analysts this Wednesday to mark the release of the company’s results for the first nine months of 2024.

In turn, the general director of the company Jose Vicente de los Mososstressed that it is “too early to give figures” for Tess Defense, and emphasized that “billing will depend on the vehicles that we can deliver.” Industry Consortium and Program Statements VCR 8×8 They come after Indra’s takeover of the industrial consortium this week.

Indra will buy a further 26.33% of the company from three other Tess Defense partners for €107 million to achieve a 51.001% stake with a new management and responsibility model. Founding companies GDELS-Santa Barbara Systems, Sapa And Notarywill remain as shareholders and on the board of directors. The agreement establishes a plan for the specific transfer of knowledge to Tess regarding assembly, integration, verification and homologation activities to ensure business continuity.

Tess Defense has a potential armored vehicle portfolio in Spain worth over €10 billion over the next 15 years; with more than 700 vehicles on firm orders and additional capabilities for over a thousand vehicles, including upgrades and new platforms, as well as service and lifecycle support.

In total, at a global level, taking into account exports and including periodic maintenance, the potential portfolio that Tess Defense is aiming for exceeds 30 billion euros over the next twenty years. The transaction, which will be completed subject to customary regulatory approvals, is part of Indra’s plans to strengthen its leadership position in the defense sector.

The company currently administers the program VCR 8×8 which provides for the supply of 348 vehicles worth about 2.5 billion euros. He is also responsible for Tracked support vehicle (VAC)which involves the purchase of almost 400 armored vehicles for 2 billion euros to replace the veteran TOA army.