Plant Closures, Vast Restructuring Planned at MBDA
Credit: EUROFIGHTER
MBDA plans to close down some sites and reorganize operations in the face of a slowdown in domestic business and a stiff export challenge from emerging players. One thrust of the five-year undertaking, according to CEO Marwan Lahoud, will be paring MBDA's 10,650-strong workforce by 10%, and reducing...
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