Airbus has struck a €2.1 billion satellite deal with the German Army

The contract, due to be deployed by the end of the decade, includes prime contractor for two satellites "as well as the ground segment (receiver stations), launch and operation for 15 years," Airbus said in a statement.

The German military has awarded Airbus a €2.1 billion contract for next-generation SatcomBw 3 military communications satellites, the European aerospace company announced.

The contract, due to be deployed by the end of the decade, includes prime contractor for two satellites "as well as the ground segment (receiver stations), launch and operation for 15 years," Airbus said in a statement.

"At a time when Western democracies are facing challenges and when Europe's institutional space ecosystem is struggling, we are excited and grateful to be able to develop and build this flagship system," said Michael Schölhorn, CEO of Airbus Defense and Space. | BGNES