Airbus Defence and Space

Uncommon card · No. 122090

Airbus Defence and Space is the military and space systems division of Airbus. It was formed in 2014 during the restructuring of the European Aeronautic Defence and Space (EADS), the predecessor of Airbus. The subsidiary consists of the former Airbus Military, Astrium, and Cassidian divisions of EADS. Contributing 21% of the company's revenues in 2016, it is the second largest space company in the world. Plans have been announced to merge the space systems businesses of Airbus, Telespazio, and Thales Alenia Space into a new joint venture owned by Airbus (35%), Leonardo (32.5%), and Thales (32.5%). The combined entity would have had an estimated annual turnover of €6.5 billion. If approved by regulators, the new company is expected to be operational in 2027.

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