Airbus CEO Guillaume Faury explores strategic collaboration with France's Thales in satellite activities.

Airbus CEO Guillaume Faury said the company is exploring opportunities to create scale in defence, space and satellite markets. Preliminary talks with France's Thales focus on combining their overlapping satellite activities. Together, Airbus and Thales Alenia Space, with Italy's Leonardo holding a 33% stake, are Europe's largest makers of telecommunications, navigation, and surveillance satellites.

July 21, 2024
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