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[ Wed, Jan 08th 2025 ]: Sky
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[ Wed, Jan 08th 2025 ]: Reuters
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[ Wed, Jan 08th 2025 ]: Sky
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[ Wed, Jan 08th 2025 ]: Indiatimes
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[ Tue, Jan 07th 2025 ]: Forbes
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[ Tue, Jan 07th 2025 ]: Yahoo
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Missile maker MBDA buys Safran's stake in rocket-engine supplier Roxel

MBDA, a European missile maker, has acquired the propulsion activities of Safran, a French aerospace company, for €10 million. This acquisition includes Safran's facilities in Vernon, France, and Panguipulli, Chile, which specialize in the design, development, and production of tactical rocket motors. The deal aims to enhance MBDA's capabilities in propulsion systems, crucial for its missile products. The transaction is part of a broader strategy to consolidate expertise and resources within the European defense sector, ensuring that MBDA can continue to innovate and meet the demands of modern warfare. The move also reflects ongoing trends in the defense industry towards vertical integration and specialization.

Read the Full Yahoo Article at:
[ https://www.yahoo.com/news/missile-maker-mbda-buys-safran-172000966.html ]