Space groups near deal on creation of European champion
Airbus set to own 35% under agreement while Leonardo and Thales would each hold 32.5%
Airbus set to own 35% under agreement while Leonardo and Thales would each hold 32.5%

Hurdles to merger of Airbus, Thales and Leonardo operations come as industry struggles against Elon Musk’s Starlink

European defence groups promise ‘significant synergies’ to respond to rapid expansion of Starlink network

European aerospace and defence group warns of ‘continued complex and dynamic operating environment’

Deal would be one of the biggest of its kind and give Facebook parent a 49% stake in the start-up

There are immediate steps that we can take to consolidate our single market

European Commission also to give reassurances about arms makers’ compliance with environmental standards to attract investment