Indra has been awarded a contract with Incheon International Airport for the supply of air traffic navigation systems that guarantee safe landings at one of the largest airports in South Korea.
Specifically, the company will supply its Normarc instrument landing systems (ILS), distance measuring equipment (DME) and DVOR radio navigation systems, according to the statement.
In addition, Indra’s radars and automated air traffic management systems already manage all arriving and departing flights, as well as ground movements. Now, as a result of the new contract, the four Incheon runways will also operate with Indra’s instrument landing systems.
Incheon is certified to operate in low visibility conditions, which is known as CAT III and which imposes very strict quality and integrity requirements.
«South Korea has become a market of great strategic importance for Indra. “Its air traffic management and navigation systems contribute to the safety of flights at airports and air bases throughout the country,” the company highlighted.
Indra has recorded a net profit of 90 million euros in the first half of the year, 35.3% more than the 66 million euros in the same period of the previous year. The income of the Spanish technology and defense firm in the accumulated of the first six months of the year has stood at 2,012 million euros, which is 11.46% more than the 1,805 million euros of the first half of the year above, according to the data sent to the CNMV.
In this sense, the income of Minsait – the group’s technology subsidiary – in the period has been 1,349 million euros (+11.3% in year-on-year terms), while those from the Transportation and Defense business stood at 663 million euros (+11.8%).
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