Airbus, Thales and Leonardo near deal on merger of European space businesses, FT reports
PositiveFinancial Markets

Airbus, Thales, and Leonardo are reportedly close to finalizing a merger of their European space businesses, a move that could significantly enhance their competitive edge in the global aerospace market. This collaboration is expected to streamline operations and foster innovation, which is crucial as the demand for advanced space technologies continues to grow. The merger not only signifies a strategic alignment among these major players but also highlights the importance of European cooperation in the space sector.
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