Indra Group signs agreements with Transport for London to manage and upgrade ticketing and access control for the entire London transport network
The contract, valued at more than €1 billion euros, makes Indra Group the sole technology supplier of ticketing and access control systems for one of the most advanced transport networks in the world, which handles more than 8.6 million journeys per day
Indra Group has been present in the United Kingdom for twenty years, a key market for the company, where it already manages major projects and expects to have more than 1,000 employees in the coming years
José Vicente de los Mozos, CEO of Indra Group, have signed with Andy Lord, London’s Transport Commissioner, at Transport for London (TfL), the public body responsible for managing London’s transport services, and in the presence of Emma Aparici, Ambassador of Spain to the United Kingdom of Great Britain and Northern Ireland, the agreements that mark the public launch of the company’s largest contract in the Mobility business. The contracts are worth £587 million (€678 million) and could increase to more than £987 million (€1.139 billion).
Indra will be responsible for operating the ticketing and access control system for the entire public transport network in London and its metropolitan area, the most advanced, innovative and trailblazing system in the Western world, as well as for its maintenance and upgrading until 2034. The contract provides for potential extensions and options until 2039.
"At Indra Group we deploy our most advanced technology to support the more than 8.6 million people who use public transport every day in the British capital, helping make their journeys faster, more accessible, safer, and more efficient. London’s transport system is one of the most advanced and widely used in the world, and our company is proud to support Transport for London in its continued development by providing innovation, strong technological capabilities, and the perspective of a long-term technology partner," remarked Angel Escribano, Executive Chairman of Indra Group.
Shashi Verma, Director of Technology Strategy and Revenue at TfL, said: “Working with Indra will allow us to bring in new improvements to our systems, helping the millions of people who travel on our services every day. It’s essential that customers have a ticketing system they can trust so they can travel with the confidence that they’re being charged the correct fare. We look forward to working with Indra group on the next evolution of our Oyster and contactless ticketing system”.
"We are working closely with Transport for London to better understand their needs and plan how to improve their ticketing systems. We are building on the experience, management skills, and dedication of our teams, who have spent years developing their own technologies to help digitalize public transport systems in cities around the world. At Indra Group, we are taking on this challenge with the responsibility and determination required to manage a benchmark system,” stated José Vicente de los Mozos, CEO of Indra Group.
Indra will become the sole technological supplier until 2034 of the entire ticketing system of London’s public transport network, which includes more than 8,500 buses, nearly 400 underground stations and almost 300 other Overground, DLR, Elizabeth Line and suburban rail services, as well as 4,000 Oyster Card outlets, seven customer service centers and 24 ferry boarding points.
The United Kingdom, key to strategic innovation
Indra Group has had a strong presence in the United Kingdom for more than twenty years. It currently has a team of more than 200 local professionals and offices in Whiteley (Southampton), Peterborough and London, and expects to exceed 1,000 employees in the coming years.
This is a strategic country and a key market for the company, where it already manages major mobility projects, such as the Silvertown Tunnel traffic system for Transport for London - an essential element of infrastructure for urban mobility in the British capital.
In the field of air traffic, the company is upgrading the United Kingdom’s air surveillance network with advanced, state-of-the-art radar systems. Furthermore, the Royal Air Force uses Indra-developed simulators to train its pilots, including the E-7 Wedgetail surveillance and early warning aircraft.
In the last two years, Indra Group has also strengthened its presence in the country through several acquisitions aimed at boosting the development of aerospace communications systems and air traffic management technologies, including leading air traffic simulator and air defence company Micro Nav, air traffic control training services company Global ATS and GuardianUTM, the modular unmanned air traffic management platform from UK-based Altitude Angel.
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