Europe’s defense industry is getting ready for a surge in government spending that is driving companies to reset growth ambitions and strategies more broadly.
Thales Alenia Space has secured the contract from Telespazio to build the satellites for the European Space Agency’s planned Moonlight lunar navigation system.
The Airbus CEO says talks with Leonardo and Thales to fix an overcapacity problem in European satellite development and production could lead to creating a combined entity modeled on missile-maker MBDA.
Even if the Middle East is no longer the only game in town for defense exports, it still has ample appetite for advanced equipment, from drones to transports.