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Missile maker MBDA takes more calls from EU militaries seeking non-US weapons

  • MBDA plans to hire 2,600 new employees and double missile production by 2025, as announced by CEO Eric Beranger during the annual press conference in Paris.
  • In 2024, MBDA secured orders totaling €13.8 billion and has a backlog of approximately €37 billion, reflecting significant growth opportunity.
  • Beranger emphasized the importance of establishing a Design Authority in Europe for missile development, citing the need for autonomy in defense capabilities.
  • The company aims to invest €2.4 billion over the next five years, emphasizing the importance of European cooperation in developing complex weapons.
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Financial Times broke the news in London, United Kingdom on Monday, March 17, 2025.
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