EADS (the parent company of both Airbus and Astrium) acquired BAE Systems' 25% stake in Astrium for approximately €84 million, becoming its sole owner .
The European aerospace landscape underwent a seismic shift in early 2014 when , the continent's premier satellite manufacturer, was formally absorbed into the newly rebranded Airbus Group . This transition marked the end of the Astrium brand and the birth of Airbus Defence and Space , a move designed to streamline operations and better compete on the global stage. The Path to Integration airbus buys astrium
Today, the legacy of Astrium continues through the highly advanced satellite systems and space exploration projects developed under the banner, cementing the company's position as a global leader in the space market. Supply Chain Management Risks: the A350 Development Program EADS (the parent company of both Airbus and