LA PLATA, Maryland — Airbus said its Space division continued its turnaround in the first six months of the year, with revenue increasing 49%, to 1.34 billion euros ($1.57 billion) and improved profitability — a performance that Chief Executive Guillaume Faury said does not undermine the logic behind a proposed merger of the space divisions of Airbus, Leonardo and Thales Group.
“The due diligence phase is ongoing and we continue to believe, I continue to believe, this could be a major development in the creation of a . . .
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