MBDA completes acquisition of Roxel, strengthens tactical propulsion capabilities

By Defence Industry Europe

MBDA, the European defence company, has finalised the acquisition of Safran’s 50% share in Roxel, making it a wholly-owned subsidiary. The transaction, completed on 19 December 2024, positions Roxel for accelerated growth and further innovation in solid propulsion technologies.
Image: Roxel.

MBDA, the European defence company, has finalised the acquisition of Safran’s 50% share in Roxel, making it a wholly-owned subsidiary. The transaction, completed on 19 December 2024, positions Roxel for accelerated growth and further innovation in solid propulsion technologies.

 

Despite the change in ownership, Roxel will continue to operate as an autonomous company, honouring existing contracts and pursuing new export opportunities. The move is set to bolster Roxel’s global presence in tactical propulsion while solidifying its role as a national leader in both France and the UK.

MBDA CEO Éric Béranger emphasised the strategic importance of the acquisition, stating: “This transaction supports Roxel’s operational and industrial excellence and enhances our ability to address the challenges of a war economy.” He highlighted the strengthened collaboration between MBDA and Roxel teams as key to meeting increasing demands in development and production.

 

 

Roxel CEO Sylvie Grison echoed these sentiments, expressing optimism about the integration. “This acquisition enables us to drive innovation in solid propulsion technologies and optimise industrial cycles for faster ramp-up,” she said, underscoring the potential for streamlined operations and enhanced capabilities.

Formed in 2003 through the merger of Celerg and Royal Ordnance Rocket Motors, Roxel is a Franco-British firm specialising in solid propulsion systems for tactical and cruise missiles. With four production sites across France and the UK, as well as offices in the Paris region, Roxel is a major player in the defence industry, serving air, naval, and land forces globally.

 

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