Antoine Bouvier, MBDA‘s CEO, expects the U.K. and France to sign a $695 million development and manufacturing contract for an anti-ship airborne missile program within the week, Defense News reported Tuesday.
Bouvier believes the contract could indicate a move toward defense technology interdependence between European countries, Pierre Tran reports.
The company plans to set up 12 cross-channel work sites in the U.K. and France that will work on the guided missile’s weapons controllers and data links, according to the report
Britain and France started the joint missile program after defense ministers from both countries signed a memorandum of understanding at a bilateral summit Jan. 31, Defense News reports.
Tran writes the Lancaster House Treaty, signed in 2010, set the terms of the Anglo-French defense cooperation.