Airbus Buys Astrium Here
Seeking to optimize costs and improve profit margins, EADS reorganized into three distinct divisions: Airbus (commercial aircraft), Airbus Helicopters , and Airbus Defence and Space .
EADS (the parent company of both Airbus and Astrium) acquired BAE Systems' 25% stake in Astrium for approximately €84 million, becoming its sole owner . airbus buys astrium
Astrium's journey to becoming part of Airbus was a multi-stage process of consolidation: Seeking to optimize costs and improve profit margins,
Astrium Services, known for maritime and governmental communications, began operating under the Communication, Intelligence & Security (CIS) business line within Airbus. known for maritime and governmental communications
The transition of into Airbus was not a traditional external acquisition, but rather a strategic internal consolidation within the European Aeronautic Defence and Space Company (EADS) .