DEFENSE23:58 UTCMar 24 1 min readSource: Defense News

Indra teams up with Hanwha for Spain’s $5.3 billion artillery order

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Indra teams up with Hanwha for Spain’s $5.3 billion artillery order
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Indra signed a binding agreement with Hanwha to produce 280 tracked vehicles based on the South Korean company’s K9 155mm self-propelled howitzer.

AI Executive Brief
  • / Spain strengthens its military capabilities by partnering with South Korea’s Hanwha to produce 280 advanced artillery vehicles, enhancing national defense readiness.
  • / The $5.3 billion deal signals growing defense collaboration between Europe and Asia, potentially reshaping global arms supply chains and partnerships.
  • / Indra’s role in the project boosts its position in the European defense sector, opening opportunities for future contracts and technology transfers.

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