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ReutersTim Hepher

Thales, Airbus and Leonardo accelerate talks on €10bn French‑headquartered satellite manufacturing JV

Leonardo, Thales and Airbus are accelerating talks to merge their satellite businesses into a French‑headquartered joint venture valued at about €10 billion, with sources saying an initial agreement could be reached in coming weeks. The deal would consolidate major European space suppliers and reshape satellite manufacturing capacity.

2025-09-12T12:09:44.780555-07:00

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