Space hardware builder OHB: Record Q1 backlog, increases in rev, EBITDA, cash; hoping for Bundeswehr bonanza

by Peter B. de Selding

LA PLATA, Maryland — Space hardware prime contractor OHB SE reported record backlog and double-digit increases in revenue and profit for the three months ending March 31 and expects further increases as German and European government funding translates into contracts.

Bremen, Germany-based OHB is Germany’s biggest space system contractor, although Airbus Defence and Space also has a sizable German presence and the ground has a lively startup space ecosystem.

As the biggest purely German space system integrator, OHB stands gain from Germany’s . . .

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