Airbus U.S. Space & Defense, Inc. announced completion of a deal with Eutelsat OneWeb to purchase its 50% share of the Airbus OneWeb Satellites (AOS) joint venture.
Airbus is now the sole owner of AOS and the satellite manufacturing facility in Merritt Island, Florida.
The new structure is expected to provide maximum efficiency and increased competitiveness for commercial, institutional and national security space customers.
“This agreement furthers our position as a market leader in the small...