Airbus Seeking Sale of Its U.S. Space Unit (EADSF:OTCMKTS)

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According to the Financial Times, Airbus is investigating potential buyers for its American space branch, which includes a factory in Florida and the range of small Arrow satellites. A potential divestment would show the group's efforts to re-establish its global space activity.

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According to the Financial Times, Airbus plans to divest its American space business, while the Franco-German aircraft manufacturer is focusing on the creation of a pan-European leader in the satellite sector through a tripartite merger.

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The European giant Airbus plans to divest its space activities in the United States to concentrate on its project of rapprochement with Thales and Leonardo at European level, reports Saturday the "Financial

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The European group would explore potential buyers for its American branch, while preparing with Thales and Leonardo the creation of a new European space actor to better compete with SpaceX.

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Airbus would consider divesting its space activities in the United States, according to the Financial Times, in order to refocus its efforts on its project of rapprochement with Thales and Leonardo in Europe. ...