OHB SE reports record Q1 backlog, double-digit revenue/profit gains as German and European government funding converts into cont
Space hardware prime contractor OHB SE says it logged a record backlog and delivered double-digit increases in revenue, profit, EBITDA and cash for the quarter ended March 31, and expects further growth as German and other European government funding translates into additional contracts. The company frames its near-term outlook around continued defence- and space-led demand.