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EADS Announces Contract Win At Paris Airshow

by: Matthew Potter
June 18, 2009

Category: Business Line, Contract Awards, Countries, development program, EADS Astrium, Events, France, IT, Kazakhstan, Satellites, space, Trade Shows and Events | RSS 2.0

EADS subsidiary EADS Astrium announced at the Paris Air Show that they had won a contract from Kazakhstan. No amount was provided for the award. EADS Astrium was able to win out against Thales SA which is another major French defense conglomerate.

The company will build a satellite integration center in the capital of the Former Soviet Republic. Kazakhstan has a great deal of oil wealth to support these kinds of expenditures. EADS Astrium said eventually the country will build its own satellite program with their help. So more to come on this in the future as that is a fairly ambitious program.

EADS is looking at using the Air Show as a background to announce good news in a year where it has struggled due to the economic crisis across the world.

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