OHB: Disappointing H1 profit & backlog; new work in Poland, USA; KKR purchase still awaits Belgian approval

by Peter B. de Selding

TUPPER LAKE, NY —Space hardware and service provider OHB SE reported increased revenue for the six months ending June 30 but lower adjusted EBITDA and continued weakness in its backlog.

Germany-based OHB, which alongside Airbus Defence and Space and Thales Alenia Space is one of Europe’s three large space system integrators, said it is expanding its footprint in Poland and the United States.

OHB already has subsidiaries in Italy, Sweden, Belgium, Luxembourg, Czech Republic, Greece, Austria and . . .

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