European Missile Giant Expands Production Amid Rising Demand

European missile giant MBDA plans to invest €5 billion and hire 2,800 new workers over the next five years to increase weapons production, CEO Eric Béranger announced during the firm’s 2025 results. The company reported €5.8 billion in revenues and a record order backlog of €44.4 billion. MBDA is responding to rising demand for its missile systems, driven by the conflict in Iran and increasing tensions in the Middle East. The investment and hiring plans were reported by Breaking Defense.