Airbus Wins Satellite Construction-and-Upgrade Contract With French Armed Forces
March 04 2021 - 5:31AM
Dow Jones News
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)
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