MBDA finalises the acquisition of Safran’s 50% share of Roxel and is integrating the company as a wholly-owned subsidiary Roxel remains an autonomous company continuing to serve its markets from its bases in France and the UK MBDA has integrated Roxel as a wholly-owned subsidiary of its European defence group, having acquired the 50% share held by Safran on 19 december 2024. This acquisition leverages Roxel’s existing and future capabilities at a time of major growth and investment. Roxel will continue to manage its activities independently, honouring all its existing contracts with other systems suppliers while developing new markets, particularly for export. This acquisition will accelerate the development of Roxel, strengthening its position as a global player in tactical propulsion and consolidating its role as a national champion in France and the UK. MBDA CEO Éric Béranger ...