{"id":70180,"date":"2025-01-07T17:20:00","date_gmt":"2025-01-07T17:20:00","guid":{"rendered":"https:\/\/one.sightlinemg.com\/defensenews\/uncategorized\/2025\/01\/07\/missile-maker-mbda-buys-safrans-stake-in-rocket-engine-supplier-roxel\/"},"modified":"2026-08-08T01:14:18","modified_gmt":"2026-08-08T01:14:18","slug":"missile-maker-mbda-buys-safrans-stake-in-rocket-engine-supplier-roxel","status":"publish","type":"post","link":"https:\/\/one.sightlinemg.com\/defensenews\/global\/europe\/2025\/01\/07\/missile-maker-mbda-buys-safrans-stake-in-rocket-engine-supplier-roxel\/","title":{"rendered":"Missile maker MBDA buys Safran\u2019s stake in rocket-engine supplier Roxel"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">PARIS \u2014 Pan-European missile maker MBDA bought the remaining 50% of rocket-engine supplier Roxel from co-owner Safran, in a move the company expects will help it ramp up production in the face of surging demand.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">MBDA acquired Safran\u2019s stake in Roxel on Dec. 19, it said in a <a href=\"https:\/\/newsroom.mbda-systems.com\/roxane\/\"><u>statement<\/u><\/a> on Monday. The deal gives Europe\u2019s largest tactical-missile maker full control over its main supplier of <a href=\"https:\/\/www.roxelgroup.com\/en\/market-segments\"><u>propulsion<\/u><\/a>, including for flagship products such as the Aster air-defense interceptor, Exocet anti-ship rocket, Meteor air-to-air missile and Akeron MP antitank munition.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As Europe rushes to beef up air defenses in response to Russia\u2019s invasion of Ukraine, MBDA has seen orders surge to <a href=\"https:\/\/www.defensenews.com\/global\/europe\/2024\/03\/13\/mbda-books-record-orders-amid-european-air-defense-rush\/\"><u>record levels<\/u><\/a>, and the company is investing at least \u20ac2.4 billion (US$2.5 billion) over five years to expand production capabilities. In the United States, tight supply of rocket motors has hampered efforts by Lockheed Martin and RTX to boost missile production there.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThis transaction is to support Roxel\u2019s operational and industrial excellence,\u201d MBDA CEO \u00c9ric B\u00e9ranger said in the statement. \u201cIt also aims to provide an even more optimal response to the ramp-up challenges posed by the context of war economy, both in development and in production.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">MBDA plans to invest over several years to boost production at Roxel, which it says would have been more complicated to implement in the joint-venture format. While the missile maker doesn\u2019t face a shortage of rocket motors at this time, MBDA says it saw a need to vertically integrate Roxel in anticipation of an increased missile production pace.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Roxel is being integrated as a wholly-owned subsidiary, but will continue to manage its business independently and honor all existing contracts with other system suppliers, MBDA said. The rocket-engine maker\u2019s clients also include Saab and Lockheed Martin.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The acquisition comes at a time of major growth and investment, and will accelerate Roxel\u2019s development as well as consolidate the engine maker\u2019s role as a national champion in France and the U.K., according to MBDA. The company declined to say what it paid for the 50% stake.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Roxel has annual sales of about \u20ac200 million and employed around 900 people in 2024. The maker of solid-propulsion systems for tactical and cruise missiles, which says it has a 60% share of the European market for its products, gets a large majority of its sales from MBDA.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThis acquisition will enable us to further develop innovation in new solid propulsion technologies,\u201d Roxel CEO Sylvie Grison said. \u201cAdditionally, this integration operation will make it easier to optimize industrial cycles for faster ramp-up.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">France has pushed for MBDA to speed up production in what the government dubs a shift to a war economy, though opposition lawmakers have pointed out the country is not actually at war. The French and British navies have been using Aster interceptors to down Houthi drones and missiles targeting shipping in the Red Sea, while the munition is also used by the SAMP\/T air-defense system protecting Kyiv.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">MBDA plans to triple production of CAMM missiles between 2022 and 2026, lift output of Aster interceptors by 50% over the period, quadruple the monthly volume of Mistral short-range air-defense missiles between 2022 and 2025 and increase production of the Akeron antitank missile by 2.5 times. Roxel supplies the motors for all of those products.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Roxel also supplies the rocket booster for MBDA\u2019s Naval Cruise Missile, comparable to Raytheon\u2019s Tomahawk and carried by France\u2019s multi-role frigates and nuclear attack submarines. MBDA is offering a <a href=\"https:\/\/www.defensenews.com\/global\/europe\/2024\/11\/08\/mbda-pushes-new-deep-strike-missile-in-time-for-europe-to-arm-up\/\"><u>ground-launched version<\/u><\/a> of the missile, which the company says could be a short-term option for the European Long Range Strike Approach, or ELSA, a pan-European effort to equip the continent with a sovereign long-range cruise missile.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Roxel was formed in 2003 by the merger of France\u2019s Celerg and the U.K.\u2019s Royal Ordnance Rocket Motors. and has a production site in the U.K. and three in France. MBDA is a joint venture between Airbus, BAE Systems and Leonardo.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The deal gives Europe\u2019s largest tactical-missile vendor full control over its main supplier of propulsion, a key asset in an industry prone to bottlenecks.<\/p>\n","protected":false},"author":7,"featured_media":119060,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_yoast_wpseo_meta-robots-noindex":"","_yoast_wpseo_meta-robots-nofollow":"","_yoast_wpseo_canonical":"","_acf":"","_yoast_wpseo_primary_category":46,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","_smg_distribution_targets":[]},"categories":[160,46,11,12,36],"tags":[],"coauthors":[3427],"class_list":["post-70180","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-daily-news-roundup","category-europe","category-global","category-industry","category-newsletters"],"acf":{"subheadline":"","legacy_arc_id":"MLOBTUN74ZHS3MAIVCH54FW2KI","arc_canonical_url":"\/global\/europe\/2025\/01\/07\/missile-maker-mbda-buys-safrans-stake-in-rocket-engine-supplier-roxel\/","remove_feature_photo":false,"is_sponsored":false,"subtype":"","redirect_url":"","disable_inline_ads":false,"native_logo_pretext":"Presented 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