MBDA is pleased to announce the signing of a Memorandum of Understanding (MoU) with Australian based Ferra Engineering Company to produce the MMP, a fifth generation of anti-tank guided system designed for dismounted infantry as well as for integration on combat vehicles.

MBDA MMP fifth generation of anti-tank guided misssile (source picture MBDA)

The MoU will see MBDA and Ferra work together in support of the Australian Industry Content (AIC) proposal to contribute to the $20 billion LAND 400 program.

“I am so pleased that MBDA has been able to partner with a great Queensland company like Ferra,” MBDA Australia Managing Director, Andy Watson said.

“Our product for Land 400, MMP, is the only fifth generation anti-tank guided weapon (ATGW) in production”

“MMP is the most advanced and lowest risk missile solution for Land 400 Phase 2 and we are delighted to partner with Ferra Engineering to help bring MMP’s technological and strategic benefits to Australia,” he said.

“MBDA’s approach to Australian Industrial Content is based on two principles: ensuring the Commonwealth has the highest level of operational independence and sovereignty in its use of the missile and generating real opportunities for Australian industry”.

“Our vision is for MMP to become the first missile that is built, maintained and evolved in Australia,” Mr Watson said.

Ferra Engineering Managing Director, Mark Arthur, said that “this is an exciting opportunity to develop a long term partnership with MBDA, and we look forward to working with them into the future”.

The MoU with Ferra Engineering is the first of a number of agreements with Australian companies expected to be completed over the coming weeks and builds on MBDA’s established record for industrial participation and technology transfer in Australia.