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...Rival defence and space companies have been keen to break into the UK market....
...Despite its smaller share of total revenues, the defence and space business was “very important” strategically to Airbus, and responsible innovation that had benefited the whole group, Faury said....
...Guillaume Faury, Airbus chief executive, said in a separate interview that competition posed a serious challenge to ArianeGroup....
...While its commercial aircraft business enjoyed a strong year, Airbus disclosed that its defence and space business was hit by charges totalling €600mn....
...In the US, China, India, Japan and many other countries, space is driven to a good extent by security and defence,” he added....
...The company also disclosed its defence and space business was hit by exceptional charges totalling €600mn....
...Let’s have the best of both worlds,” said Ben Bridge, chair of Airbus Defence and Space UK....
...Splitting them will allow him to focus on the group’s wider strategy as well as its defence and space activities, which have gained in prominence since Russia’s full-blown invasion of Ukraine last year....
...The joint venture will be US-led, said Mike Schoellhorn, chief executive of Airbus Defence and Space....
...Dassault, like other defence companies grappling with supply chain problems, such as Thales or Airbus, has been advancing funds to struggling small businesses or sending in its own teams as reinforcements...
...A commercial space flight has successfully landed on the Moon for the first time, opening a new era of private lunar exploration....
...Airbus is sold out through 2030. Boeing has availability, and [airlines] want to grow,” adds McClelland. “As long as that dynamic lasts, Boeing has a little bit more forgiveness space.”...
...ArianeGroup, owned by France’s Airbus and Safran, will no longer be the guaranteed prime contractor....
...The treaty bars signatories from deploying nuclear weapons into space....
...CETC claims to be China’s only domestic military-industrial group that serves all branches of the military, including those operating in space....
...central government debt ratio of less than 30 per cent of gross domestic product, well below the 60 per cent Maastricht criteria, the small alpine federal republic does not think it has any available fiscal space...
...Airbus also reaffirmed plans for a restructuring of its defence and space division, where it reported new charges of €300mn on “certain satellite development programmes”....
...It has deployed the hypersonic Kinzhal missile in Ukraine, a strategic “super weapon” whose speed was supposed to make it hard to shoot down — but Ukrainian air defences have regularly managed to intercept...
...Seoul and Washington agreed to bolster their partnership in areas spanning defence, commerce and civil space exploration....
...When it opened its newly revamped Paris store in 2022, Dior had significantly expanded the space and included features such as a restaurant and pâtisserie....
...The plan was unveiled on Friday by US defence secretary Lloyd Austin, Australian defence minister Richard Marles and British defence secretary Grant Shapps....
...ABC News reported that the threat related to a Russian attempt to put a nuclear weapon in space....
...Airbus, the world’s largest maker of commercial aircraft, is also one of the world’s biggest defence and space groups....
...US Air and Space Forces’ education institution in Alabama....
...Airbus, the other European maker of large satellites, has also reported pressure on this part of its business and took €600mn in impairment charges on it in mid-February....
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