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    IDR   ES0118594417

INDRA SISTEMAS, S.A.

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Indra Sistemas S A : H175 simulator to train Hong Kong's government flying service (GFS) air rescue pilots

09/27/2021 | 10:49am EST
  • Hong Kong's Air Rescue Service provided through the Government Flying Service (GFS) and its Government Logistics Department (GLD) have chosen Indra to be its Flight and H175 Mission Helicopter Simulator supplier through an open tender
  • The GFS's H175 pilots will train on the Indra simulator. The simulations carried out by these pilots include all types of emergencies
  • Indra is one of the world's main simulator manufacturers as well as a leader in helicopter simulation

Hong Kong's Air Rescue Service provided through the Government Flying Service (GFS) and its Government Logistics Department (GLD) have chosen Indra, one of the leading global technology and consulting companies, to be its Flight and Mission H175 Helicopter Simulator supplier through an open tender.

The H175 is a medium utility transport helicopter with a crew of two pilots and capacity for eighteen passengers. It features the latest technology and requires diligent training for its effective use.

GFS pilots are always ready to takeoff and respond to any emergency: search and rescue operations, medical evacuations, wildfire suppression missions as well as surveillance tasks. They can fly day or night missions, often in adverse weather conditions.

Training is a decisive factor when it comes to pilots' safety and mission success. This has led to GFS choosing Indra's advanced H175 helicopter simulator that will reinforce the GFS pilots' training and will prepare them to take part in search, rescue and surveillance missions.

The pilots can define the most effective strategies to follow and drill until they perfect them. The GFS pilots can train a wide variety of missions, including evacuation on offshore platforms, water landings, mountain search and rescue operations, wildfire suppression missions, or evacuation operations after natural disasters.

The simulation system has been specially developed to provide high fidelity in mission training. The pilot trains in a virtual world, which replicates real life scenarios and missions. "We are able to get the pilots to train as if they were performing a real operation", explains Luis F. García BD Director at Indra Training Solutions & Services.

Indra is one of the few manufacturers in the world that provides its systems with the same flight and avionics software employed in the real aircraft, thus replicating aircraft's behavior and ensuring the quality of training.

Indra's systems train military pilots for helicopters such as the NH90, Tiger, Cougar, Chinook, Blackhawk and Seahawk, AW159 Wildcat and the MH53. In the civil field, it has helicopter simulators for the EC135, H225, H175, AS350, H145, EC145, Bell212, Bell412 and the Sikorsky S76. In addition to these are the highly advanced winged aircraft simulators such as the A400M and the Eurofighter, among others, as well as passenger airplanes A320, Boeing 737 and ATR 72.

About Indra

Indra (www.indracompany.com) is one of the leading global technology and consulting companies and the technological partner for core business operations of its customers world-wide. It is a world-leader in providing proprietary solutions in specific segments in Transport and Defense markets, and a leading firm in Digital Transformation and Information Technologies in Spain and Latin America through its affiliate Minsait. Its business model is based on a comprehensive range of proprietary products, with a high-value focus and with a high innovation component. In the 2020 financial year, Indra achieved revenue of €3.043 billion, near 48,000 employees, a local presence in 46 countries and business operations in over 140 countries.

Disclaimer

Indra Sistemas SA published this content on 27 September 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 September 2021 11:11:03 UTC.


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Financials
Sales 2021 3 324 M 3 770 M 3 770 M
Net income 2021 151 M 171 M 171 M
Net Debt 2021 407 M 461 M 461 M
P/E ratio 2021 12,4x
Yield 2021 1,54%
Capitalization 1 840 M 2 086 M 2 087 M
EV / Sales 2021 0,68x
EV / Sales 2022 0,65x
Nbr of Employees 51 310
Free-Float 67,0%
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Number of Analysts 17
Last Close Price 10,45 €
Average target price 12,06 €
Spread / Average Target 15,4%
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Managers and Directors
Cristina Ruiz Ortega Co-Chief Executive Officer & Director
Ignacio Mataix Entero Co-Chief Executive Officer & Executive Director
Javier Lßzaro Rodriguez Chief Financial Officer
Marc Murtra Non-Executive Chairman
Alberto Miguel Terol Esteban Vice Chairman
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