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European space joint venture would boost global competition, Airbus chair says

By Lewis Crofts ( March 12, 2026, 14:16 GMT | Insight) -- A joint venture between Airbus, Leonardo and Thales to create a European space sector giant would boost competition on a global scale and help Europe overcome massive fragmentation, the chairman of Airbus has said. Earlier this month, Thales said it had held constructive talks with the European Commission over plans to pool the three companies' space activities, but the plan may raise questions over the impact on competition.A joint venture between Airbus, Leonardo and Thales to create a European giant in the space sector would boost competition on a global scale and help the Europe overcome massive fragmentation, Airbus chairman René Obermann has said....

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