OHB satellite business doing well, rocket division less so; multiple ESA ITTs stress Europe’s supply chain

by Peter B. de Selding

LUXEMBOURG — Satellite and rocket hardware builder OHB SE reported increased revenue and profit for the nine months ending Sept. 30 despite headwinds as its Ariane rocket division manages the rough transition from the Ariane 5 to the Ariane 6 rocket.

It is a problem that is not going away as Ariane 5 heads toward retirement and its replacement, the lower-cost Ariane 6, enters an uncertain market. Its inaugural flight is scheduled for late 2020.

OHB, through its Aerospace and Industrial Products division, has an 11% share . . .

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