MBDA has acquired the remaining 50% stake of Roxel from Safran, making it a wholly-owned subsidiary, to enhance its capabilities in the tactical propulsion market.

Information on the Target

Roxel is a Franco-British company that emerged from the merger of Celerg and Royal Ordnance Rocket Motors in 2003. It has established itself as a leading European entity and a significant player globally in the field of solid propulsion systems. Roxel specializes in the design, development, manufacturing, and provision of solid propulsion systems and associated equipment for various types of tactical and cruise missiles and rockets, serving air, naval, and ground forces. The company operates production facilities in four locations: one in the United Kingdom, one in the Nouvelle-Aquitaine region, and two in the Centre-Val de Loire region, along with offices in the Paris area.

Industry Overview in the United Kingdom and France

The defense industry in both the United Kingdom and France plays a vital role in national security and is characterized by constant evolution, driven by technological advancements and geopolitical shifts. This sector is pivotal in fostering innovation, particularly in defense technology, and has benefitted from increased governmental spending in response to emerging global threats. As European nations focus on enhancing their defensive capabilities, the importance of strategic acquisitions, such as the takeover of Roxel, is underscored.

Moreover, with the ongoing emphasis on modernization and operational readiness in defense forces, there is a growing demand for advanced weapon systems and propulsion te