MBDA CEO emphasises “moment of truth” for Europe as company sees €37 billion backlog
MBDA is already seeing a five-fold increase in the production of its Aster family missiles for 2025 compared to 2023. (Photo: MBDA)
MBDA is focusing on ramping up production and investing heavily to meet growing demand for its missile products, after it ushered in another record-breaking year with a backlog of €37 billion, its CEO, Éric Béranger said at the company’s 2024 results conference on 17 March.
To ensure MBDA can effectively accelerate production, Béranger disclosed that the company was investing €2.4 billion across the group over 2025–29 and is seeking to boost its hiring efforts, with an increase of 2,600 people per year for 2025.
In 2024, the company achieved a €13.8 billion (US$15 billion) order intake, with €4.9 billion ($5.4
Already have an account? Log in
Want to keep reading this article?
More from Defence Notes
- 
                
                    ![Forging strong partnerships for warfighting communications in space (Studio)]()  Forging strong partnerships for warfighting communications in space (Studio)Mike Moran, Director of US Government Business at Amazon Project Kuiper Government Solutions, highlighted the evolution of space as a critical warfighting domain at the Defence in Space Conference (DISC) 2025, held this week in London. 
- 
                
                    ![European Council to deliver at “pace and scale” on European defence readiness 2030 roadmap]()  European Council to deliver at “pace and scale” on European defence readiness 2030 roadmapTwo of the concrete projects outlined in the readiness report, the European Air Shield and Space Shield, will aim to be launched by Q2 2026. 
- 
                
                    ![Malaysia’s defence budget sets out major procurement goals for 2026]()  Malaysia’s defence budget sets out major procurement goals for 2026The country has allocated RM21.70 billion for defence spending next year, with some major procurements set to be initiated across the country’s army, navy and air force. 
- 
                
                    ![GAO highlights the need for more commercial data and availability improvements]()  GAO highlights the need for more commercial data and availability improvementsThe US Government Accountability Office recently released two reports; one into the availability of selected equipment and another looking at how the government gets data and intellectual property rights through contracting. 
 
         
         
                         
                         
                         
                         
                         
                 
                 
                 
                 
                 
                