Breaking Defense reports, “European missile giant MBDA plans hire 2,800 new workers and invest €5 billion ($5.8 billion) over the next five years to increase weapons production, CEO Eric Béranger said on Thursday. In comments that often sounded like a victory lap, Béranger stated that ‘MBDA has attained an unprecedented strategic dimension as one of the instrumental pillars of rearmament in Europe,’ a claim he based off of three key figures: that MBDA’s 2025 revenues amounted to €5.8 billion ($6.7 billion), that the order intake was €13.2 billion ($15.2 billion) of which 70 percent came from European customers, and the order backlog was worth €44.4 billion ($51.3 billion).”
Full Story (Breaking Defense)
