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.
India has become an observer on the Eurodrone program, the European Organization for Joint Armament Cooperation, which oversees the effort, said Jan. 21.
Leonardo is the subject of a $2.6 billion compensation claim launched Jan. 10 by the family of a Thai billionaire who was killed in an AW169 crash in 2018.