EU: ”Indra, One of the Main Partners of Ocean2020, the First Major Project Financed with the New European Defense Fund”

MADRID — The European consortium Ocean2020, in which Indra is one of the main partners, has landed a contract worth €36 million for the largest defense R&D initiative to date backed by the European Union’s new European Defense Fund.

Conceived for research in technologies that reinforce situational awareness in extensive naval environments, the project is part of the EU’s Preparatory Action on Defense Research (PADR), which will lay the foundation for a much more ambitious future R&D program running from 2021 to 2027.

The Ocean2020 consortium is led by Leonardo with the participation of 42 partners from 15 Member States, including large companies, SMEs, universities, research centers and defense ministries in their roles as end users. The European Defense Agency selected the project in a competitive tender involving several other consortia. This initiative is the first example of joint European collaboration for research in this sector.

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