3 European Aerospace Companies Merging Space Assets
European aerospace companies Airbus, Thales and Leonardo said Thursday they're planning a merger of their space units. The goal is to strengthen "Europe’s strategic autonomy in space" and "serve as the trusted partner for developing and implementing national sovereign space…
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programs," they said. The joint entity "will pool, build and develop a comprehensive portfolio of complementary technologies and end-to-end solutions" that include launch services. They expect the deal to be complete in 2027.