Airbus Defence & Space has reported a loss of €566 million ($590 million) against its activities last year, with space activities and the A400M tactical transport having contributed to the deficit.
Chief executive James Taiclet says the defence giant has repositioned its portfolio of development programmes, including by accepting some short-term penalties in 2024 on a secretive aircraft development programme.
Ekaterinburg’s aviation and military museum complex is preparing to undertake restoration of an orbiter from the Soviet Union’s Buran space shuttle programme, six months after the vehicle’s arrival. Orbiter 2.01 – colloquially known as ‘Baikal’ – was the third to be built under the programme. Only one orbiter, the 1.01 ...