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European Defense Firms Eye Satellite Merger to Reduce US Dependence
Airbus, Thales, and Leonardo are discussing a satellite business merger to bolster Europe's defense independence from the US, aiming to complete a decision by the fourth quarter of 2024, driven by the need to compete with SpaceX's Starlink and reduce duplicated investment.
European Defense Firms Eye Satellite Merger to Reduce US Dependence
Airbus, Thales, and Leonardo are discussing a satellite business merger to bolster Europe's defense independence from the US, aiming to complete a decision by the fourth quarter of 2024, driven by the need to compete with SpaceX's Starlink and reduce duplicated investment.
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