PARIS — French space agency CNES and European launch consortium Arianespace have signed more than a dozen contracts worth a combined €700 million ($916 million) during the next five years to reorganize and streamline operations at the newly expanded Guiana Space Center in Kourou, French Guiana, Arianespace announced Dec. 21.

The contracts, slated to enter into force Jan. 1, will account for 900 jobs at the South American spaceport, which facilitates launches of Russian Soyuz and Italian Vega launch vehicles in addition to Europe’s Ariane 5.

“This reorganization illustrates perfectly our strategy to develop our activity around the complementarity of Ariane 5, Soyuz and Vega,” Arianespace Chief Executive Jean-Yves Le Gall said in a statement. “It will allow us to take advantage of economies of scale and share fixed costs among our three launch systems.”

Evry, France-based Arianespace signed 16 contracts valued at €330 million over five years Dec. 21, while CNES is in the process of awarding 14 contracts.