has closed with Transport for London (TfL), the local government agency responsible for the management and operation of the public transport system in the British capital, a contract to manage the entire ticket system for almost 1,000 million euros. This is one of the largest contracts in the history of the Spanish multinational consulting and technology company.
“Transport for London (TfL) has awarded the company the project to operate the system of sales and access control (ticketing) systems of the entire public transport network of London and its metropolitan area, the most advanced, innovative and pioneering in the Western world, as well as its maintenance and evolution until 2034, for an amount of 524 million pounds sterling (605 million euros), expandable to more than 845 million pounds (975 million euros). The signed contract “It contemplates possible extensions and options until 2039,” says Indra in a statement sent this Friday.
With this contract, Indra ensures that it is already in the top three public transport mobility technology providers worldwide “after achieving in recent years some of the main international references, such as the ticketing management of all public transport in Ireland or the new public transport network in Riyadh, in Saudi Arabia; as well as T-Mobilitat in Catalonia, the renewal of the MetroLink ticketing system in San Luis (United States), along with the latest generation sales and access control machines deployed in the Madrid Metro. The London project is added to all of them.”
In this new project, Indra thus becomes a strategic and technological partner of Transport for London (TfL) to guarantee the operation and evolution of the largest and most prestigious ticketing system in the world, serving one of the most extensive and complex public transport networks on the planet, with more than 8.6 million daily trips and more than 3.6 billion trips per year. After a transition period of almost two years, Indra will be the sole provider of the ticketing system for a network that covers more than 8,500 buses, nearly 400 metro stations and almost 300 others corresponding to Overground, DLR, Elizabeth Line and suburban train services, as well as 4,000 Oyster card sales points, seven customer service centers and 24 ferry boarding points, the company details.
With this project, Indra points out that its commitment to the United Kingdom as a strategic market is strengthened and advances in meeting the objectives of the Leading the Future Strategic Plan of growing in this market, as well as in Ireland and North America.
Indra has been present in the United Kingdom for twenty years, a key market for the company, where it currently has a team of more than 200 local professionals and offices in Whiteley (Southampton), Peterborough and London, and where it plans to exceed 1,000 employees in the coming years. In addition, it is a technology partner of NATS, the country’s air navigation provider, and among other projects it has implemented its management technology in the London tunnels and the Silvertown tunnel and has supplied one of its Lanza radars to the Royal Air Force.
“We are very proud to become the technological partner of Transport for London for such an ambitious and transformative project for London transport, a world reference and global leader in this field and an example of innovative and sustainable mobility for the rest of the world’s metropolises. We are prepared and eager to take on the challenge responsibly and with the aim of exceeding customer expectations and contributing to improving the mobility of all the people who live in or visit the capital of the United Kingdom,” highlighted Ángel Escribano, executive president of Indra Group.
Indra has practically tripled its stock market valuation (+184.19%) and closed the year with its shares at 48.54 euros and a capitalization of almost 8.6 billion euros. So far in 2026, the company has been driven by tensions in Venezuela, since the US military intervention in the Latin American country has reactivated the rearmament of Europe and boosted the arms sector on the stock market. Indra shares have soared 19% to all-time highs of 57.85 euros.
