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Airbus Takes $1 Billion Space Program Charge

Airbus Takes $1 Billion Space Program Charge

Company cites poor cost and schedule performance in telecom, navigation and observation segments

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Kevin Dennehy
Jun 27, 2024
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Airbus Takes $1 Billion Space Program Charge
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Airbus said this week it would take a charge of nearly $1 billion because of issues with space programs, namely in its telecommunication, navigation and observation segments.  As a result, the compan…

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