Indra Sistemas, S.A. is a Spanish information technology and defense systems company founded in 1992. Indra is listed on the Bolsa de Madrid and is a constituent of the IBEX 35 index. In 2018 and 2019 Indra was fined for participating in a 14-year cartel rigging the contracts for Spanish railway infrastructure and leading a 15-year cartel rigging the offers of IT services to several public administrations in Spain.

Business areas

Indra is organized around three business areas: information technologies, simulation & automatic test equipment, and defense electronic equipment. Indra's portfolio ranges from consultancy, project development, and systems and applications integration to outsourcing of IT systems and business processes, structured into two primary segments: solutions and services (including outsourcing and application maintenance), and business processes where technology is a strategic and differentiating element (BPO). This includes:

Revenues

About a third of the company's annual revenues come from international markets. By geographical areas, Europe and the United States are the two international markets with the greatest weight and growth for Indra. Indra is operating also in Latin America.

Fines for rigging

Indra was fined in 2018, and 2019 for participating in a 14-year cartel rigging the contracts for Spanish railway infrastructure and leading a 15-year cartel rigging the offers of IT services to several public administrations in Spain. Indra Sistemas ran the 2008 Angolan legislative election and was accused of helping the MPLA win that election.

Shareholder structure

The current shareholder structure of the company is the following: