DGAP-Adhoc
AIRBUS DEFENCE AND SPACE CONTINUES TRANSFORMATION WITH PORTFOLIO OPTIMISATION
Airbus Group N.V. / Key word(s): Miscellaneous
16.09.2014 08:19
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Ad-hoc release, 16 September 2014
AIRBUS DEFENCE AND SPACE CONTINUES TRANSFORMATION WITH PORTFOLIO
OPTIMISATION
- Activities in Space (Launchers and satellites), Military Aircraft,
Missiles and related Systems and Services are core and to be
strengthened
- Businesses in non-core segments will be divested
- Reinforce Airbus Defence and Space as a sustainable and successful
pillar of Airbus Group
After a detailed and comprehensive portfolio assessment, Airbus Defence and
Space has defined Space (Launchers & Satellites), Military Aircraft,
Missiles and related Systems and Services as its future core businesses.
These are the areas in which the Division will further invest to strengthen
its leading position.
Some business areas are identified as divestment candidates as they do not
fit the strategic goals and for which the company sees possibilities to
increase their development potential in different set-ups.
This concerns, first of all, our commercial and para-public communication
business (including Professional Mobile Radio and commercial satellite
communications services activities), which will have better chances for
growth and market success in different ownership structures.
Airbus Defence and Space further intends to sell some of its subsidiaries
and participations, including Fairchild Controls, Rostock System-Technik,
AvDef, ESG and Atlas Elektronik.
For the Division's Security and Defence Electronics businesses further
industrial alternatives will be explored in order to best develop and
position these businesses for future growth and value creation.
"The portfolio decisions for Airbus Defence and Space are the logical
follow-up to our Group Strategy Review in 2013. They will foster the
strengths of the division and, hence, will result in an even stronger focus
on our Group's core activities, aeronautics and space," said Tom Enders,
CEO of Airbus Group.
"Given the tight budgetary situation in our home countries and increasing
competition on global markets, the portfolio review is an essential element
to further develop our defence and space business and to ensure its
competitiveness", said Bernhard Gerwert, CEO of Airbus Defence and Space.
"We have identified those segments where this is an achievable target and
those where we should explore alternative options. In short, the portfolio
AIRBUS DEFENCE AND SPACE CONTINUES TRANSFORMATION WITH PORTFOLIO
OPTIMISATION
- Activities in Space (Launchers and satellites), Military Aircraft,
Missiles and related Systems and Services are core and to be
strengthened
- Businesses in non-core segments will be divested
- Reinforce Airbus Defence and Space as a sustainable and successful
pillar of Airbus Group
After a detailed and comprehensive portfolio assessment, Airbus Defence and
Space has defined Space (Launchers & Satellites), Military Aircraft,
Missiles and related Systems and Services as its future core businesses.
These are the areas in which the Division will further invest to strengthen
its leading position.
Some business areas are identified as divestment candidates as they do not
fit the strategic goals and for which the company sees possibilities to
increase their development potential in different set-ups.
This concerns, first of all, our commercial and para-public communication
business (including Professional Mobile Radio and commercial satellite
communications services activities), which will have better chances for
growth and market success in different ownership structures.
Airbus Defence and Space further intends to sell some of its subsidiaries
and participations, including Fairchild Controls, Rostock System-Technik,
AvDef, ESG and Atlas Elektronik.
For the Division's Security and Defence Electronics businesses further
industrial alternatives will be explored in order to best develop and
position these businesses for future growth and value creation.
"The portfolio decisions for Airbus Defence and Space are the logical
follow-up to our Group Strategy Review in 2013. They will foster the
strengths of the division and, hence, will result in an even stronger focus
on our Group's core activities, aeronautics and space," said Tom Enders,
CEO of Airbus Group.
"Given the tight budgetary situation in our home countries and increasing
competition on global markets, the portfolio review is an essential element
to further develop our defence and space business and to ensure its
competitiveness", said Bernhard Gerwert, CEO of Airbus Defence and Space.
"We have identified those segments where this is an achievable target and
those where we should explore alternative options. In short, the portfolio
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