Indra Chairman Secures Rare Union Support in Clash With Sanchez

Ángel EscribanoPhotographer: Michael Robinson Chavez/Bloomberg

Spain’s largest union backed Indra Sistemas SA’s Chairman Ángel Escribano, warning that efforts to oust him risk destabilizing the state-backed defense company at a critical moment for Europe’s military buildup.

“It is particularly concerning that decisions and leadership now being questioned were originally driven by public authorities themselves, with full knowledge of the circumstances at the time,” Comisiones Obreras said in a statement Monday, referring to the government’s reversal on Escribano.