European Aerospace Giants Airbus, Leonardo, Thales Target 2027 for Major Satellite Venture Launch
Three of Europe’s largest aerospace and defense companies are joining forces to create a new satellite manufacturing entity. The venture, set to launch in 2027, aims to achieve critical mass and significant cost savings in a rapidly changing market.
Major European Satellite Merger Set for 2027
Three European aerospace and defense titans—Airbus, Leonardo, and Thales—are moving forward with plans to consolidate significant portions of their space operations, with the new joint venture reportedly scheduled to commence in 2027. According to the companies’ announcement, this strategic move is designed to create a more competitive entity capable of addressing fundamental shifts in the global satellite market.