Airbus is seizing the moment as European nations loosen their purse strings, engaging in discussions for new defense and space contracts, the company confirmed Monday. With geopolitical tensions driving a spike in military budgets across the continent, the aerospace giant is poised to bolster its portfolio beyond commercial aviation.
Executives also reported a silver lining for its jetliner business: tangled supply chains are finally starting to ease, freeing up production capacity after years of post-pandemic bottlenecks. “We’re seeing some runway clear ahead,” one official noted, hinting at smoother skies for Airbus’s civilian operations.
Source: Reuters