Airbus A380 airplane

Airbus warns of job losses

Airbus, one of Europe’s leading defence firms, has cautioned that thousands of jobs in the UK could be jeopardised if the government awards a military satellite contract to an American competitor. The company has informed the Ministry of Defence (MoD) that losing the Skynet 6 satellite deal could endanger £10bn in potential exports. The MoD is set to tender the Skynet contract soon. Airbus and US firm Lockheed Martin are the primary contenders.

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