Key Takeaways
- In 2022, Navantia shipyards produced 2 multi-role frigates (F-110 class) with advanced stealth features and integrated Aegis combat systems for the Spanish Navy
- Santa Bárbara Sistemas manufactured 245 ASCOD 2 infantry fighting vehicles in 2021, featuring 30mm autocannon and anti-tank missiles
- Indra delivered 150 radar systems (Lanza 3D) to the Spanish Air Force in 2023, with 360-degree coverage up to 470 km range
- Spain's arms exports reached 1.27 billion Trend Indicator Values (TIV) in 2018-2022, ranking 15th globally
- Saudi Arabia received 28% of Spain's major arms exports in 2018-2022, primarily Navantia frigates
- Australia imported 1.2 billion TIV from Spain in 2018-2022, including Navantia LHD ships
- Spain's defense industry employed 35,000 direct workers in 2022
- Navantia workforce stood at 13,000 employees across 7 shipyards in 2023
- Indra defence division had 8,500 staff in Spain in 2022
- Spain invested 850 million euros in defense R&D in 2022, 1.2% of GDP
- Indra allocated 120 million euros to AI-based radar R&D in 2023
- Navantia invested 200 million euros in S-80 submarine AIP technology upgrades 2021-2023
- Spain's defense industry revenue totaled 10.5 billion euros in 2022
- Navantia turnover reached 1.8 billion euros in 2023, 60% from exports
- Indra defence sales 2.1 billion euros in 2022, up 10% YoY
Spain's defense industry is thriving through major exports, substantial investment, and significant employment.
Arms Exports
Arms Exports Interpretation
Employment and Labor
Employment and Labor Interpretation
Financial Performance
Financial Performance Interpretation
Manufacturing and Production
Manufacturing and Production Interpretation
Research & Development
Research & Development Interpretation
Sources & References
- Reference 1NAVANTIAnavantia.esVisit source
- Reference 2GDELSBgdelsb.esVisit source
- Reference 3INDRACOMPANYindracompany.comVisit source
- Reference 4EXPALexpal.comVisit source
- Reference 5AIRBUSairbus.comVisit source
- Reference 6GDELSgdels.comVisit source
- Reference 7SIPRIsipri.orgVisit source
- Reference 8DEFENSAdefensa.gob.esVisit source
- Reference 9DEFESAdefesa.gov.ptVisit source
- Reference 10ANAEDAanaeda.esVisit source
- Reference 11INEine.esVisit source
- Reference 12EJERCITOejercito.defensa.gob.esVisit source
- Reference 13EDUCACIONYFPeducacionyfp.gob.esVisit source
- Reference 14FUNDACIONTRIPARTITAfundaciontripartita.orgVisit source
- Reference 15LAMONCLOAlamoncloa.gob.esVisit source
- Reference 16TEDAEtedae.orgVisit source
- Reference 17OEPMoepm.esVisit source
- Reference 18MINECOmineco.gob.esVisit source
- Reference 19CDTIcdti.esVisit source
- Reference 20EDAeda.europa.euVisit source
- Reference 21COFIDEScofides.esVisit source
- Reference 22CONTRATACIONDELESTADOcontrataciondelestado.esVisit source
- Reference 23SEPIsepi.esVisit source
- Reference 24BOLSAMADRIDbolsamadrid.esVisit source
- Reference 25INVESTINSPAINinvestinspain.orgVisit source






