OHB says it will stick with UK’s SSTL as Galileo satellite partner, despite Brexit, as long as possible

by Peter B. de Selding

PARIS — Satellite and rocket-component builder OHB Group on May 9 said it was sticking with its British partner for Europe’s Galileo satellite positioning, navigation and timing network but could not exclude making a change for future generations of satellites.

Releasing its first-quarter earnings, OHB confirmed its forecast of a record 1 billion euros ($1.20 billion) in 2018 revenue, with its Galileo contracts a large prt of that.

The company did not address the recent reentry of an activist U.S. shareholder into its equity or . . .

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