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Share Name Share Symbol Market Type
Airbus SE EU:AIR Euronext Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.84 0.82% 103.68 103.50 104.00 104.54 102.84 103.00 1,730,699 16:40:00

Airbus Wins Satellite Construction-and-Upgrade Contract With French Armed Forces

04/03/2021 10:31am

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   By Giulia Petroni 
 

Airbus SE said Thursday that it has won a 10-year framework agreement for the construction and upgrade of part of the ground segment of the telecommunications satellites used by the French Armed Forces.

As part of the contract, the European plane maker has received an initial order worth more than 100 million euros ($120.7 million) from the French Directorate General of Armaments. This will cover the development of the future satellite-communications management system for the Ministry of Defense.

 

Write to Giulia Petroni at giulia.petroni@wsj.com

 

(END) Dow Jones Newswires

March 04, 2021 05:16 ET (10:16 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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