Mar. 8 at 6:23 PM
$EADSY $RNMBY
Airbus to team up with Rheinmetall, OHB for military satellites, Bloomberg says
Airbus (EADSY) is debating on a joint bid with Rheinmetall (RNMBY) and OHB to build an internet service for the Bundeswehr armed forces, Michael Nienaber of Bloomberg reports, citing people familiar with the matter. Airbus told the German Armed Forces Procurement Office it plans to form a consortium with two German companies to win the SATCOM Bw Stage 4 space project, the sources added. The project is worth several billion euros and is one of the largest procurement projects of Chancellor Friedrich Merz's ruling coalition.