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Airbus chief warns UK over satellite contract decision

The chief executive of Airbus has warned that choosing a American firm for a military satellite contract could cost the UK its position in European space manufacturing.

FTMQ News, written by our newsroom0 views

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Picture: The Guardian

The chief executive of Airbus, Guillaume Faury, has warned that selecting American company Lockheed Martin for a major satellite contract could cost the United Kingdom a key role in the European space sector. The Guardian and AOL.com both report that Faury wrote to Andy Burnham and suggested the decision could have long term effects. [1][4]

The dispute involves a last minute lobbying effort for a military contract valued at 2.4 billion pounds to build Skynet satellites. The Guardian reports that Faury cautioned against choosing the rival United States manufacturer Lockheed Martin for the project. [1]

Airbus is a major aerospace manufacturer headquartered in France that produces military aircraft, commercial planes, and satellite systems. As FTMQ News reported earlier, satellite development remains a highly competitive global market subject to international political interest. [9][11]

The British government has not announced a final decision on whether Lockheed Martin or Airbus will receive the contract to manufacture the Skynet defense satellite system. [1]

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In short

  • Airbus chief executive Guillaume Faury wrote to Andy Burnham regarding the Skynet satellite contract.
  • The military satellite contract is worth 2.4 billion pounds.
  • Faury warned that choosing Lockheed Martin could reduce the role of the United Kingdom in the European space industry.

Sources

Every paragraph above points to the numbered items it rests on. Read the originals here.

  1. [1]UK risks losing key role in European space industry over satellite contract, says Airbus bossThe Guardian, 1h ago (the report this story comes from)
  2. [2]Airbus Valkyrie uncrewed combat aircraft completes maiden European flightAerospace Testing International, 7h ago
  3. [3]Qantas Just Flew The Airbus A380 On This 2-Hour European Route: Here's WhySimple Flying, 5h ago
  4. [4]UK risks losing key role in European space industry over satellite contract, says Airbus bossAOL.com, 1h ago
  5. [5]Airbus Completes First European Flight of U740 Valkyrie Combat DroneOvert Defense -, 3h ago
  6. [6]European Regulators Prepare Swift Antitrust Review for Airbus SaGuruFocus, 19h ago

Background

  1. [7]Risk management on Wikipedia
  2. [8]Airbus A350 on Wikipedia
  3. [9]Airbus on Grokipedia
  4. [10]US lawmaker warns of potential UFO propaganda victory for rivals FTMQ News, 5d ago
  5. [11]Elon Musk accuses Mukesh Ambani of blocking Starlink launch in India FTMQ News, 6d ago

Our newsroom writes these reports with the help of software, from the 11 sources listed and nothing else, and checks them against those sources. Facts can still be wrong or move on; the originals are the record. Spotted a mistake? Write to daniel@monsterkong.com.

Earlier reports of ours on the same people and subjects.

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