European Missile Giant MBDA Expands Operations Amid Growing Demand for Air Defense Systems
European missile giant MBDA plans to invest €5 billion ($5.8 billion) over the next five years to boost production and hire 2,800 new workers. The company aims to increase overall output by a ‘very significant’ 40% in 2026, driven by growing demand from Middle Eastern countries. MBDA is also developing new systems, including the Stratus LO and Stratus RS missiles. This expansion was first reported by Breaking Defense.