• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Excelitas Qioptiq banner

BATTLESPACE Updates

   +44 (0)77689 54766
   

  • Home
  • Features
  • News Updates
  • Company Directory
  • About
  • Subscribe
  • Contact
  • Media Pack 2022

BUSINESS NEWS

September 18, 2014 by

16 Sep 14. Airbus Defence and Space continues transformation with portfolio optimisation:
*Activities in Space (Launchers and satellites), Military Aircraft, Missiles and related Systems and Services are core and to be strengthened
*Businesses in non-core segments will be divested
*Reinforce Airbus Defence and Space as a sustainable and successful pillar of Airbus Group
After a detailed and comprehensive portfolio assessment, Airbus Defence and Space has defined Space (Launchers & Satellites), Military Aircraft, Missiles and related Systems and Services as its future core businesses. These are the areas in which the Division will further invest to strengthen its leading position. Some business areas are identified as divestment candidates as they do not fit the strategic goals and for which the company sees possibilities to increase their development potential in different set-ups. This concerns, first of all, our commercial and para-public communication business (including Professional Mobile Radio and commercial satellite communications services activities), which will have better chances for growth and market success in different ownership structures. Airbus Defence and Space further intends to sell some of its subsidiaries and participations, including Fairchild Controls, Rostock System-Technik, AvDef, ESG and Atlas Elektronik. For the Division’s Security and Defence Electronics businesses further industrial alternatives will be explored in order to best develop and position these businesses for future growth and value creation. “The portfolio decisions for Airbus Defence and Space are the logical follow-up to our Group Strategy Review in 2013. They will foster the strengths of the division and, hence, will result in an even stronger focus on our Group’s core activities, aeronautics and space,” said Tom Enders, CEO of Airbus Group. “Given the tight budgetary situation in our home countries and increasing competition on global markets, the portfolio review is an essential element to further develop our defence and space business and to ensure its competitiveness”, said Bernhard Gerwert, CEO of Airbus Defence and Space. “We have identified those segments where this is an achievable target and those where we should explore alternative options. In short, the portfolio review is a logical next step in the overall transformation process. It will strengthen Airbus Defence and Space’s business core, unlocking its full potential to drive the defence and space industry forwards, particularly on critically important international growth markets. All these decisions will of course respect our national security agreements and will be discussed with employee representatives in a fair and open way”, added Bernhard Gerwert. The first milestone of the Division’s transformation, as announced last year, was the reorganisation of the three former business entities – Astrium, Airbus Military and Cassidian – into one single organisation. This target was achieved on 1 July 2014, according to plan. A next significant milestone was to secure the future of the Division’s space launcher business, which received a major boost through the planned joint venture with Safran, as announced in June 2014, and which is currently being further developed.
Howard Wheeldon Comment: Continuing to implement the review of strategy announced in December 2013 confirmation that Airbus Defence and Space division plans to dispose of its communications business plus other subsidiaries and stakes in order to further streamline the operation is a sensible consolidation move. Out will go commercial and para-public communications, professional mobile radio and commercial satellite communications services. Space is a crowded business area these days but it is also one in which there has been an industry and government reluctance to invest and spend. Nevertheless, looking further out, there remains excellent potential for military satellite renewal, an area in whic

Primary Sidebar

Advertisers

  • qioptiq.com
  • Exensor
  • TCI
  • Visit the Oxley website
  • Visit the Viasat website
  • Blighter
  • SPECTRA
  • InVeris
  • Britbots logo
  • Faun Trackway
  • Systematic
  • CISION logo
  • ProTEK logo
  • businesswire logo
  • ProTEK logo
  • ssafa logo
  • DSEi
  • Atkins
  • IEE
  • EXFOR logo
  • KME logo
Hilux DVD2022 GlobalMilSat

Contact Us

BATTLESPACE Publications
Old Charlock
Abthorpe Road
Silverstone
Towcester NN12 8TW

+44 (0)77689 54766

BATTLESPACE Technologies

An international defence electronics news service providing our readers with up to date developments in the defence electronics industry.

Recent News

  • EXHIBITIONS AND CONFERENCES

    July 1, 2022
    Read more
  • VETERANS UPDATE

    July 1, 2022
    Read more
  • MANAGEMENT ON THE MOVE

    July 1, 2022
    Read more

Copyright BATTLESPACE Publications © 2002–2022.

This website uses cookies to improve your experience. If you continue to use the website, we'll assume you're ok with this.   Read More  Accept
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT