Key Takeaways
- MBDA plans to open a new wholly-owned subsidiary in the UAE.
- The subsidiary will focus on loitering munitions and missiles.
- The company aims to increase its presence in the Middle East through local partnerships.
MBDA plans to establish a new wholly-owned subsidiary in the UAE, focusing on loitering munitions and missiles. The company aims to increase its presence in the Middle East through partnerships with local firms like EDGE Group and Calidus. MBDA already has a Missile Engineering Center in the UAE, which will be absorbed into the new subsidiary when it’s up and running. The company is also working with ASB Group to launch a thermal battery factory in the country.