Press
Release
MBDA, the European champion and global player
in missiles and missile systems, generated 3 billion euros of revenue in 2011. The
recent years were marked by significant cuts in European budgets but the order
book remains robust by amounting to 10.5 billion euros at year-end. New orders
in 2011 came to € 2.6 bn although a major export contract, expected last year,
was not officially awarded until this year. Operational performance remains stable
at around 10%.
In the
words of Antoine Bouvier, Chief Executive Officer of MBDA: “2011 was an
excellent year for MBDA on an operational level, both for the programmes in
production and for those in development. We received very positive feedback from
the military campaigns in Afghanistan, Libya and the Ivory Coast about MBDA
equipment and the support provided for the armed forces. For MBDA, all of these
successes go towards confirming the confidence our customers have in us when it
comes to the setting up of a single European prime defence contractor. In 2011, the vision of MBDA as a European
champion – present in four countries (France, Britain, Italy and Germany) and
developing in a fifth (Spain) – was, more than ever, our roadmap.
The
latest advance in Franco-British co-operation is rooted in the recognition of
the strategic nature of the missile sector and the implementation of long-term
objectives shared by industry and the two governments. At a time of strong
pressure on defence spending, it is the best way to optimize the use of the
available budgets to meet the capability requirements of the armed forces and
to strengthen industrial sovereignty capacities. The relevance and merit of
these principles extend far beyond the Anglo-French relationship. Our aim is to
promote the “complex weapon sector” in each of our home countries, give renewed
impetus to the launching of new European programmes and that will reinforce
MBDA’s status as the pioneer of the European defence industry.
The prospects for MBDA
also depend on the development of our strategy as a global player. Our activities
outside Europe will extend from the creation of partnerships in strategic
countries, like India, UAE and Turkey, to advancing our strategy in the United
States, following on from the acquisition in 2011 of a missile design
development and live build manufacturing facility.
As the financial crisis
continues to weigh on defence budgets in Europe, we are able to respond by
continuing to reinforce our integration and our efficiency as the European
champion. These strengths also serve to make MBDA a global player with the
flexibility and the level of competitiveness to develop export and
international co-operation outside Europe.”
Background
information
With industrial facilities in four European countries and
within the USA, in 2011 MBDA achieved a turnover of € 3 billion with an order
book of € 10.5 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%).
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