Friday, 16 October 2026 Updated 12 min ago
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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…

Image accompanying the story: UK risks losing key role in European space industry over satellite contract, says Airbus boss
Image: Photograph: Lionel Bonaventure/AFP/Getty Images · via The Guardian

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.

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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

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Read the full story at The Guardian

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