all the defense and aerospace news
defense news
aerospace news

2009 Results Confirm MBDA Strategy

In 2009, MBDA, the European leader and global player in the missile systems sector, received orders valued at euros 2.6 billion, an increase over the total achieved in 2008 (euros 2.3 billion). The order book maintains its high level with a total of euros 12 billion as of 31st December 2009, representing approximately four years of activity for the business. Sales achieved a total of euros 2.6 billion, a slight drop compared to the previous year’s figure of euros 2.7 billion.

Domestic orders amounted to euros 1.27 billion, a total comparable to 2008. Export orders achieved a total of euros 1.33 billion thereby meeting the target set for this aspect of the business, namely that export orders should exceed 50% of the total order intake.

Commenting on these results, Antoine Bouvier, Chief Executive Officer of MBDA, stated:

“Looking back on 2009, this was an important year with significant successes and good financial results albeit with some disappointments regarding certain programmes. Our level of order intake is progressing and our strategy of being both the European leader as well as a global player is being confirmed.

“Remarkable progress has been made in the UK with regard to the collaborative Team CW approach which is providing an example to be followed as far as partnering with our customers is concerned. “In Italy and Germany, the MEADS programme has successfully completed Critical Design Reviews (CDR) for all Major End Items.

“In the export market, a major platform weapons package contract was won. In addition, important partnering agreements were signed in the U.A.E. and Poland. Key programmes such as Mistral, SCALP Naval, Marte, Dual Mode Brimstone and PARS 3 LR are progressing smoothly and to plan. In France, as well as continuing to be a major contributor to the strategic debate on anti-missile defence, MBDA is also intent on being a key player once again in the close combat sector”.

With industrial facilities in four European countries and within the USA, MBDA has an annual turnover of EUR 2.6 billion and an order book of EUR 12 billion. With more than 90 armed forces customers in the world, MBDA is a world leader in missiles and missile systems.

MBDA is the only group capable of designing and producing missiles and missile systems that correspond to the full range of current and future operational needs of the three armed forces (land, sea and air). In total, the group offers a range of 45 missile systems and countermeasures products already in operational service and more than 15 others currently in development.

MBDA is jointly held by BAE Systems (37.5%), EADS (37.5%) and Finmeccanica (25%).


MBDA Strategy Confirmed