MBDA encouraged by orders from ‘complex and challenging’ year
Weapons manufacturer MBDA is taking heart from a 2018 orders intake which amounted to €4 billion ($4.6 billion), equivalent to €2.5 billion from domestic markets and export bookings worth €1.5 billion.
The company admitted that several ongoing political issues had made business more challenging, referring specifically to national government policies, export licences and Brexit.
Despite the nature of those problems however, strategic ‘actions and initiatives to be more responsive’ toward customers and efforts to ‘rebalance’ new and older products, will setup more market opportunities in the future, according to Antoine Bouvier, CEO at MBDA.
Success of high profile orders, most
Already have an account? Log in
Want to keep reading this article?
Read this Article
Get access to this article with a Free Basic Account
- Original curated content, daily across air, land and naval domains
- 2 free stories per week
- Daily news round-up email service
- Access to all Decisive Edge email newsletters
Unlimited Access
Access to all our premium news as a Premium News 365 Member. Corporate subscriptions available.
- Original curated content, daily across air, land and naval domains
- 14-day free trial (cancel at any time)
- Unlimited access to all published premium news
More from Defence Notes
-
UK-administered International Fund for Ukraine passes £1 billion milestone
Ukraine’s defence secretary met his UK opposite number in London to mark the milestone and push forward with new defence deals.
-
UK defence funding rocked by budget restrictions
Defence spending cuts are implied by UK ministers’ commitments to help plug a public finance “black hole”.
-
RTX’s unauthorised exports result in $200 million fine
According to the US Department of State, 750 company violations were recorded from 2017 to 2023.