TUPPER LAKE, NY —Airbus’s Space Systems division reported a 16% decline in revenue for the first six months of 2024 compared to a year ago in addition to booking a mainly non-cash charge of 989 million euros ($1.06 billion) for estimated cost overruns and schedule slips in satellite programs.
For the six months ending June 30, the Space Systems division reported 897.3 million euros in revenue, down from 1.07 billion euros a year ago.
In a July 30 investor presentation, the company . . .
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