Airbus warns UK risks European space role over £2.4bn satellite contract
Airbus CEO Guillaume Faury warned UK Prime Minister Andy Burnham that selecting US rival Lockheed Martin for the £2.4bn Skynet military satellite contract could cost Britain its role in European space industry. The decision between Airbus and Lockheed Martin, whose Durham factory bid appeals to northeast politicians, rests with Burnham and Chancellor John Healey.
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Summary by OZbrief Editorial · The Guardian Australia – Business · Source
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Published 16 Oct 2026, 14:47 UTC · Updated 16 Oct 2026, 15:10 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia – Business. Editorial policy · Corrections
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