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Wednesday, March 12, 2014

MBDA missile ‘turning point’ for European defence co-operation

Aster 30It took three years of negotiations, and a meeting between a president and a prime minister, for Antoine Bouvier finally to begin to run his company like a normal chief executive.

On January 31 at a Royal Air Force base in Oxfordshire, UK Prime Minister David Cameron and French President François Hollande agreed to fund jointly an attack helicopter missile made by MBDA, Europe’s biggest missile maker with a turnover of around €3bn.

Up until now Mr Bouvier has had to put up with the competing demands, secrecy and political U-turns of MBDA’s biggest customers, the governments of France, Britain, Italy and Germany.

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