Airbus is exploring a sale of its U.S. small-satellite manufacturing business. The unit generates several hundred million dollars in annual sales.
The potential divestment includes a Merritt Island, Florida, production facility. This site employs more than 200 people.
Airbus is shifting satellite production to France as part of a broader division restructuring. The company aims to form a pan-European space venture with Italy’s Leonardo and France’s Thales. This strategic shift seeks to improve competition against SpaceX and other global rivals.