PARIS — Launch-service provider Arianespace expects to report revenue of 1 billion euros ($1.23 billion) in 2020 with no material losses and a backlog as of Dec. 31, 2020 of 3.2 billion euros, Arianespace Chief Executive Stephane Israel said.
The company, 74% owned by ArianeGroup, said 60% of its backlog is for commercial customers, with 40% for governments, reflecting a long-standing characteristic of Arianespace that sets it apart from its U.S., Russian, Chinese, Japanese and Indian competitors.
The predominance of commercial . . .
To view the entire article, become a subscriber!
