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Business/Financial

MBDA Reports Robust Order Book, Stable Operational Performance

By Cal Biesecker

Thursday, March 22nd, 2012

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Global missile and missile system player MBDA reports it generated approximately $1.3 billion in 2011 revenue and the order book remained robust amounting to about $13.9 billion at year-end. New orders in 2011 came to about $3.4 billion, although a major export contract expected last year was not officially awarded until this year. Operational performance remains stable at around 10 percent, the company said. MBDA is jointly held by BAE Systems with 37.5 percent, European Defence and Space Co. (EADS)…

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