By Jean Comte ( October 14, 2026, 12:45 GMT | Insight) -- Airbus's planned space and satellite joint venture with European rivals Thales and Leonardo, called Project Bromo, aims to create an initiative with sufficient scale to compete with fast-growing international rivals, the chief executive of the aerospace company has told a French lawmakers. The companies have spent almost two years in informal discussions with the European Commission over the venture amid calls for it to be conditional on significant asset divestment.Airbus's planned space and satellite joint venture with European rivals Thales and Leonardo, called Project Bromo, aims to create an initiative with sufficient scale to compete with fast-growing international rivals, Guillaume Faury, the chief executive of the aerospace company, told a French parliamentary committee on Wednesday....
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