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An Indra Systems executive suggests why the vendor would have been able to beat Cubic Transportation Systems for the London revenue-collection contract. Meanwhile, Cubic is believed to have decided to offshore much more product development to India, a move that a spokesman denies.
Indra group is a €4.8 billion technology and defense contractor. Of that 2024 revenue, Indra’s Mobility division accounted for around 7%, or just over €335 million. The Mobility unit includes public transport fare systems, road tolling and traffic management for such infrastructure as roads, bridges and tunnels.
• Indra
• Cubic
• TfL (London)
• Conduent
Spain-based Indra Systems suggested that it beat out incumbent Cubic Transportation Systems for the award of London’s integrated revenue-collection contract because of a combination of factors, not only price, an Indra executive told Mobility Payments.
A contract signing for Indra, however, depends on whether Cubic is successful in its legal challenge to the contract award. Cubic filed the challenge Aug. 8, as Mobility Payments reported. Transport for London’s finance committee awarded the contract July 14, according to TfL officials, who have not revealed which vendor won.
The Indra executive, who could not be named because he was not authorized to speak about the London procurement, spoke with Mobility Payments in recent weeks. At times his comments drifted into the hypothetical. Most of the time they were squarely focused on why Indra would have beaten Cubic.
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