UK risks losing key role in European space industry over satellite contract, says Airbus boss
Guillaume Faury writes to Andy Burnham warning him against choosing US firm Lockheed Martin to build Skynet satellites The boss of Airbus has told Andy…
The Guardian reports: Guillaume Faury writes to Andy Burnham warning him against choosing US firm Lockheed Martin to build Skynet satellites The boss of Airbus has told Andy Burnham that choosing US rival Lockheed Martin to manufacture military satellites could cost the UK a key role in the European space industry, intensifying a last-minute lobbying effort for the £2.4bn contract.
This business story centres on the United Kingdom. Names and organisations mentioned in the coverage include UK, European and France-headquartered Airbus.
Why it matters
Moves like this are watched by investors, employers and consumers because of their potential effect on markets and the wider economy.
Key details
- Location
- United Kingdom · Europe
- Reported by
- The Guardian
- First reported
- Key names
- UK, European, France-headquartered Airbus, Airbus
- Section
- Business
Sources
This is an independent summary. Read the full, original reporting from the publisher:
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