OHB May Challenge Airbus Thales and Leonardo Merger
OHB CEO Marco Fuchs warned the company may pursue legal action if EU regulators approve the satellite manufacturing merger between Airbus, Thales, and Leonardo. Fuchs argues the deal would disrupt the market and harm supply chains despite claims that it is necessary to compete with SpaceX.
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OHB SE CEO Marco Fuchs said the company will pursue legal action if EU regulators approve a satellite merger between three rivals. The deal, involving AIRBUS SE, THALES SA, and LEONARDO SPA, aims to counter competition from SpaceX and China. A legal challenge could delay the creation of a stronger European satellite manufacturer valued at billions of euros.
