Reinforces Group’s Training and Simulation Portfolio
MBDA and Airbus have signed an agreement covering the purchase of GDI Simulation by the former, the company announced on 21 November. Subject to normal regulatory closing conditions, the terms of the agreement have not been revealed.
GDI Simulation, with over 70 employees and 2018 revenues of €15 million, is a leading French player in simulation for the French armed forces. It develops, assembles, integrates and maintains simulation systems for ground vehicles and for MBDA battlefield missiles for French and foreign armed forces. Over the course of several years, it has built a well-developed recognised competence in eye-safe laser-based systems, providing crucial services and support to the French Army’s land-based training centres.
The company will continue to operate independently under MBDA ownership, as a prime contractor for simulation equipment to France’s defence procurement authority, the DGA, and as a supplier to MBDA.
“With the acquisition of GDI, MBDA will reinforce its position in training simulation equipment, especially in the battlefield segment, combining MBDA’s expertise in missiles and simulation with GDI Simulation’s industrial capability for development, production and maintenance of training equipment to offer an integrated solution to its domestic and foreign clients,” commented MBDA CEO, Éric Béranger.