Airbus Takes €600M Charge On Space Programs
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Credit: Airbus Military
TOULOUSE, France—After a revised assessment of its space portfolio, Airbus Defense and Space has taken a €600 million ($642 million) charge on unspecified programs. The charge stems from the update of so-called estimates at completion, Airbus CEO Guillaume Faury said Feb. 15. “We had a bumpy ride in...
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