Monday, November 18, 2024
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Airbus Defence and Space

Airbus to cut up to 2,500 jobs amid space segment losses

WASHINGTON – Airbus’ defense and space division announced plans to cut up to 2,500 positions by mid-2026, citing a “continued complex business environment, especially...

Airbus secures $2.5 billion German military satellite contract

WASHINGTON — Airbus Defense and Space won a $2.5 billion contract from the German military to deliver next-generation communications satellites, known as SATCOMBw 3,...

Airbus takes a charge of nearly $1 billion on space programs

WASHINGTON — Airbus will take a charge of nearly one billion dollars because of poor cost and schedule performance on a variety of satellite...

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