Spain's Defense Champion to Offer Investors Glimpse Into Plans
Indra Sistemas SA's new executive chairman is set to offer investors a glimpse of his plan to accelerate the company's pivot to defense from technology, part of Spain's broader aspirations to build a national champion.
Angel Escribano, who took over when his predecessor unexpectedly moved to another company last month, will be addressing investors and media to present full-year earnings on Wednesday after European stock markets close. His first major move since taking over was helping steward an agreement to acquire a satellite operator in a bet that Europe needs a homegrown supplier to compete against Elon Musk's SpaceX.
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