LA PLATA, Maryland — Airbus Defence and Space now expects its Space Systems division, which for the past two years has been a drag on the company’s performance, to grow by an average of 6% per year through 2034, reaching about 3 billion euros ($3.5 billion) in revenue on the basis of increased European military spending.
A year ago the company was forecasting zero growth in its space business over the period.
The forecast does not account for a possible merger of Airbus’s . . .
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