LA PLATA, Maryland — Only a merger of all the space activities of Airbus Defence and Space, Thales Alenia Space and Leonardo - except for launchers — will accomplish the companies’ goal of reducing their individual exposure to space market risks and competing in emerging markets including commercial space stations, a European consulting company that advises labor unions has concluded.
Partial mergers of their satellite telecommunications divisions, exposed to the most market pressure, will result in inefficiencies since the companies’ satcom, Earth observation, navigation and exploration divisions all depend on . . .
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