Airbus, Thales, Leonardo advance space merger amid order surge

Airbus, Thales, and Leonardo are moving forward with the Bromo space merger, with Thales Alenia Space CEO Hervé Derrey pledging to maintain employment amid employee concerns. The deal awaits European Commission approval, while Airbus prepares a major restructuring of its space activities. The merger would consolidate European space manufacturing, signaling a strategic shift in the sector.