Airbus jettisons maritime satcoms

摘要

In an unexpected move Airbus Defence and Space has announced that it plans to sell off its commercial satellite communications business, including its maritime satcom business and direct sales subsidiary Marlink. The decision was taken following a wide-reaching review of business activities, codenamed 'We Make It Fly', by the Airbus Group aimed at cutting non-core units. The Airbus Group acquired satcoms providerVizada in 2011 at a cost of almost $1 bn, adding this to its Astrium division, which was later renamed as Airbus Defence and Space.