Safran, Missile Venture MBDA in Final Talks Over New French Artillery System

By Mauro Orru


Safran and MBDA, a missile-production joint venture between Airbus, Leonardo and BAE Systems, said they had entered the final phase of negotiations for a contract with the French defense procurement agency to deploy a new artillery system.

The companies said the Thundart, as the new system is known, would significantly boost land strike capabilities for the French armed forces with precision strikes of up to 150 kilometers. The system is set to succeed the current Lance-Roquettes Unitaire.

The groups said the Thundart could be operational as early as 2030.


Write to Mauro Orru at mauro.orru@wsj.com


(END) Dow Jones Newswires

June 16, 2026 06:14 ET (10:14 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.

Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.

Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.

Popular

Sponsor Center