PARIS -(Dow Jones)- MBDA, a guided missile systems company, Friday said it is bidding for two separate demilitarization contracts.
MAIN FACTS:
- The demilitarization contracts involve a combined total of 49,000 MLRS rockets currently held in the U.K. and French inventory.
- BAE Systems (BA.LN) and European Aeronautic Defence & Space Co. NV (EAD.FR) both hold 37,5% of MBDA and Finmeccanica holds 25%.
- By Paris Bureau, Dow Jones Newswires; +331-4017-1740; ruth.bender@dowjones.com