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Investing.com -- Indra is considering acquiring Tecnobit, the defence unit of Oesia, according to a report from Expansión. This development comes after both companies previously denied discussions about a complete Oesia takeover.
Tecnobit, which generated €105 million in revenues and €15 million in EBITDA in 2024, is a significant Spanish defence supplier specializing in avionics, optronics, radar, and secure communications. The company already collaborates with Indra on major programs.
The potential acquisition would complement Indra’s existing portfolio in avionics, radar, and communications while strengthening its position in the drone market following its Aertec acquisition.
In a separate development, El Confidencial reports that Indra plans to announce the absorption of EM&E by the end of November. This timeline might face delays due to the recent cancellation of the SILAM program, which is led by EM&E.
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