New ArianeGroup CEO: Europe’s launch sector is traversing a bad patch, but its business model is not the cause

by Peter B. de Selding

PARIS —The new chief executive of Europe’s ArianeGroup, the prime contractor for the Ariane 5 and Ariane 6 rockets, rejected the idea that Europe’s launch sector faced a systemic crisis and said the model that made Ariane a success over the years is still valid.

Martin Sion, in his second day as head of ArianeGroup — his predecessor left in large part because of the Ariane 6 delays — set himself against the multiple political and institutional voices that have called for an overhaul of the way Europe designs and builds . . .

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