IAI wins Indian contracts totalling $1.4 billion
While MBDA scooped a €950 million contract last week to [...]
MBDA is a European missile manufacturer that was formed from the merger of France’s Matra, Alenia Marconi Systems and Matra BAE Dynamics. The company often competes for contracts with Raytheon. It developed the Meteor and the Storm Shadow missiles that are used by the British and French armies.
Having sold Mirage aircraft, Agosta submarines and Mistral missiles to Pakistan, Paris was the country's principal military supplier for many years. But all that has changed. Today, the French are being progressively edged out of the market by China, which [. [...]