Компанія Airbus оголосила про списання додаткових 300 мільйонів євро на свої космічні програми, after finishing viewing the unspecified project. This became part of a broader assessment of financial risks, ongoing in the company's space division.
Financial adjustments and business impact
- Additional costs:
- 300 million euros in the fourth quarter 2024 year.
- Earlier, in June 2024 year, the company has already written off 900 millions of euros.
- General write-offs for 2024 made a year 1,3 billion euros.
- Reasons for financial losses:
- Неправильна оцінка технологічних ризиків під час укладання контрактів.
- Проблеми із ланцюгами постачання, що змусили Airbus переглянути стратегію виробництва.
The company stated, що не очікує нових витрат у 2025 year, because she finished reviewing all space projects.
Job cuts in the defense and space division
- Airbus continues negotiations on a plan to cut back to 2500 jobs in the Defense and Space division to the middle 2026 year.
- Expected, that these exemptions will be allocated 200 millions of euros, after the final plan is approved.
Consolidation of European space companies
Airbus веде переговори з Leonardo та Thales Alenia Space щодо можливого об’єднання їхніх космічних бізнесів.
- Цілі об’єднання:
- Збільшення масштабів виробництва для конкуренції з американськими компаніями.
- Accelerated introduction of new technologies, especially in the field of satellite groups.
- A role model:
- Airbus seeks to create an analogue of MBDA, a European missile manufacturer, which was formed in 2001 year through the merger of several companies.
- Such an association could become a stable global player, able to attract investments and expand in the international market.
Challenges are possible
- Regulation by EU antitrust authorities may become an obstacle to mergers.
- Airbus emphasizes, that global competition should be assessed, and not only the European market.
- The company does not include the space launch sector in the negotiations - they only concern satellites and satellite services.
Source: https://spacenews.com/airbus-takes-another-300-million-euros-in-space-program-charges/