John Pranzatelli has been appointed as President and Chief Executive Officer of MBDA Incorporated.
He succeeds Scott Webster who has served as Chairman of the Board and interim CEO since November 2013. Scott will continue as Chairman of MBDA Inc.
John joined MBDA Inc. in June 2009 as Vice President for Strategy and Business Operations and was promoted to President in November 2012.
With a significant presence in five European countries and within the USA, in 2013 MBDA achieved a turnover of 2.8 billion Euros with an order book of 10.8 billion Euros. With more than 90 armed forces customers in the world, MBDA is a world leader in missiles and missile systems.
MBDA is the only group capable of designing and producing missiles and missile systems that correspond to the full range of current and future operational needs of the three armed forces (land, sea and air). In total, the group offers a range of 45 missile systems and countermeasures products already in operational service and more than 15 others currently in development.
MBDA is jointly held by BAE Systems (37.5%), EADS (37.5%) and Finmeccanica (25%).