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General discussion => Satellite industry news => Topic started by: NewsHound on June 28, 2024, 01:12 AM

Title: Airbus takes a charge of nearly $1 billion on space programs
Post by: NewsHound on June 28, 2024, 01:12 AM
Airbus takes a charge of nearly $1 billion on space programs

Airbus will take a charge of nearly one billion dollars because of poor cost and schedule performance on a variety of satellite programs, and will evaluate strategic options for its space business.
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Source: Airbus takes a charge of nearly $1 billion on space programs (https://spacenews.com/airbus-takes-a-charge-of-nearly-1-billion-on-space-programs/)