What Happened
European Arms Manufacturer Ramps Up Missile Production
European weapons conglomerate MBDA has announced a new CEO, Jean-Brice Dumont, who will take over in November. Outgoing CEO Eric Béranger led the company through significant challenges, including the Covid pandemic and the Ukraine conflict, which prompted European governments to re-invest in munitions stockpiles. MBDA has responded by scaling up missile production and reducing delivery times. This development was reported by Janes.