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Indra Targets 100+ Nemus Radars in 2026, Chooses Córdoba for Automated Production as Profit Jumps

Zero‑interest PEM funding positions the group to lift its defense backlog above €10 billion in 2026.

Overview

  • Indra reported net profit of €291 million for the first nine months, up 58% year on year, on €3.61 billion in revenue and an order backlog of €9.512 billion including €1.476 billion from consolidating Tess Defence.
  • The company will install Spain’s first automated radar production line in Córdoba with an annual capacity of about 100 Nemus units following successful prototype trials on Leopard tanks.
  • Nemus is a compact AESA radar designed to detect and track drones and projectiles, with tests conducted at Army centers in Zaragoza and Guadalajara to validate integration and performance.
  • Investment plans include €100 million over two years for facilities in Gijón, Vigo and Córdoba, plus $50 million for a Kansas plant focused on air‑traffic and mobility systems that will add roughly 200 jobs.
  • Indra launched IndraMind as a dedicated cyberdefense and AI unit with €300 million in annual business and 3,000 professionals to address hybrid threats for military and critical‑infrastructure clients.