AlHijjah 2, 1436, Sep 16, 2015, SPA -- Britain will sign a contract worth more than 300 million pounds ($462.39 million) with European missile maker MBDA to provide weapons for its Typhoon fighter jets, Defence Secretary Michael Fallon said on Wednesday,Reuters said. "We are signing a contract with MBDA worth over 300 million pounds to ensure that our Typhoons are supplied with state-of-the-art short-range, heat-seeking air-to-air missiles," Fallon told a defence and security conference in London. French-based Airbus and Britain's BAE Systems each own 37.5 percent of MBDA, and Finmeccanica owns 25 percent of MBDA, which was created in 2001.
