For the fifth year consecutive, European missiles developer and manufacturer recorded an increase in term of order. In 2017, European conglomerate holding by Airbus (37.5%), BAE Systems (37.5%), and Leonardo (25%), received enough orders to keep his factories fully booked for the 5 next years and be prosper also for five years. The orders-book reaches 16,8 billion euros at the end of December with a book-to-bill of 1,35 (Book-to-bill is orders/delivery)
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MBDA had a turnover in 2017 of 3,1 billion euros that represent a growth of 3% regarding previous year. Profitability, also, is there and impressive. In 2017, the margin of the European group represents 10% of the total turnover. This growth is sustained by both international and domestic sales. Regarding outside Europe, most part of revenues comes from the Emirate of Qatar that ordered anti-ships' missiles MBDA Exocet MM40 Block 3 and aerial defense's missiles Aster Block 1 and VL Mica to equip war fleet from Middle East State. On the other hand, Chile did a big command of missiles Sea Captor to equip the frigate type 23 they bought to Great Britain.
About domestic sales, France and Great Britain are the most demanding for European missiles. Thanks to the different law projects that are being voted in Europe regarding future missiles launch, defense and frigate renewal, the General Manager Antoine Bouvier is confident about the future of the European firm.
This growth has also a very good impact over European Country and economy. In fact, after they hired more than 1000 employees in 2017, the group plans to open 1200 new position in 2018 with more than 500 only for France. Good news for European economy.
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