Matra BAe Dynamics was formed by the 1996 merger of Matra Defense of France and BAe Dynamics (a division of British Aerospace) of the UK and was Europe's largest manufacturer of missiles and UAVs.
The formation of Matra BAe Dynamics was followed in 1997 by the acquisition of a 30% share of LFK , a DASA susbsidary.
In 2002 Matra BAe Dynamics joined Aerospatiale Matra Missiles and Alenia Marconi Systems (missile division only) to form MBDA.