OEMs and suppliers in Germany should improve cooperation, as cash-strapped suppliers are having a hard time convincing banks to fund their investments.
German defense electronics company Hensoldt says it has secured a $367 million contract for work on the Eurofighter Mk. 1 radar for use by Germany and Spain.
The three-year Battage—a moniker combining "battery" and "age"—is led by Italy and involves participants from Belgium, Germany, Greece and the Netherlands.
Starlab Space is a U.S.-based joint venture between Airbus and Voyager Space, a Denver-based space station, robotics and satellite development startup.
Dublin has ordered four Airbus H145Ms for the Irish Air Corps through a €91.7 million ($95.2 million) contract to replace the force's EC135/H135 helicopters.
Volocopter aims to uphold normal business operations after filing for bankruptcy as it failed to secure additional capital from its existing shareholders.