Safran Agrees Roxel Stake Exit With MBDA Deal

Roxel missle motor

Roxel is a Franco-British developer and manufacturer of solid propulsion systems and other items for rockets and tactical and cruise missiles.

Credit: Roxel
Safran expects to sell its share in the Roxel missile motor joint venture to MBDA before year's end. Roxel is a Franco-British developer and manufacturer of solid propulsion systems and other items for rockets and tactical and cruise missiles. It is jointly owned by MBDA and a Safran unit. “We have...
Robert Wall

Robert Wall is Executive Editor for Defense and Space. Based in London, he directs a team of military and space journalists across the U.S., Europe and Asia-Pacific.

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