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...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....
...America’s Lockheed Martin and Thales Alenia Space are both in the running for the second SkyNet contract against the Airbus/Northrop partnership....
...The company also disclosed its defence and space business was hit by exceptional charges totalling €600mn....
...SpaceX “had a smaller rocket and reached space”, he said....
...While its commercial aircraft business enjoyed a strong year, Airbus disclosed that its defence and space business was hit by charges totalling €600mn....
...The explosion test, called Starfish Prime, was a high-altitude nuclear test conducted as a joint effort of the Atomic Energy Commission and the Defense Atomic Support Agency....
...The satellite is now scheduled to blast into space in March aboard a rocket operated by Elon Musk’s SpaceX....
...The conditions remain in favour of financial performance for other divisions of defence and space, and global services....
...Order backlogs for both Airbus and its US rival Boeing are at record highs as airlines globally have rushed to place orders this year and secure increasingly scarce delivery slots....
...The Arrow’s interceptors are meant to match and then intercept the high-altitude trajectory of ballistic missiles, striking them near space flight....
...If Boeing and Spirit strike a deal, Airbus could be forced to buy the lossmaking Shorts plant....
...Turkish Airlines is plotting a further expansion after it ordered in December more than 200 Airbus aircraft, while Pegasus is expecting to receive 68 single-aisle Airbus jets geared towards medium-haul flights...
...“The Israelis know that they need to leave space for things to play out [diplomatically]. But they don’t want to show any weakness and let Hizbollah pick and choose [the course of events].”...
...Let’s have the best of both worlds,” said Ben Bridge, chair of Airbus Defence and Space UK....
...With some 4mn square metres in office space, it is more than twice as big as London’s Canary Wharf and still home to big offices used by the likes of Société Générale and energy groups Engie and TotalEnergies...
...In response, the NSA, CIA and Department of Defense are now scrambling to create better collaboration with the corporate world around cyber defences....
...ArianeGroup, owned by France’s Airbus and Safran, will no longer be the guaranteed prime contractor....
...Luca de Meo, Renault’s chief executive, has called for the EU to adopt an Airbus-like approach to EV production, with more industrial co-operation and public investment....
...The joint venture will be US-led, said Mike Schoellhorn, chief executive of Airbus Defence and Space....
...But Delta says that deliveries from Airbus will fill the gap. By contrast, rival United Airlines is asking its pilots to take unpaid time off because of the plane shortage....
...It builds wings for Airbus A220 jets in Belfast and also makes parts for the A350 and A320....
...Airbus is preparing to shake up its senior leadership and appoint a dedicated head of its flagship civil aircraft business as Europe’s aerospace and defence champion seeks to tackle operational issues and...
...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”....
...Letter in response to this article: Airbus collaboration was what saved UK aerospace / From Professor Keith Hayward, Fellow, Royal Aeronautical Society; Fellow, French Air and Space Academy, London...
...for Boeing and for its European rival Airbus....
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