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MarketScreener Homepage  >  Equities  >  Euronext Paris  >  Airbus SE    AIR   NL0000235190

AIRBUS SE

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Airbus : to provide communication service for German troops worldwide

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08/06/2020 | 09:14am EDT

Munich, 06. August 2020 - Airbus has been awarded a contract by the Bundeswehr for the provision of welfare media services for the next 2 years, with the option of another 2 year extension. With this contract, several thousands of soldiers and sailors will get access to connectivity services for their private use on a global scale whether they are on land or at sea.

Through the 'Connect-D' service, the Bundeswehr provides its personnel with a range of welfare service, free of charge, with no time limit or limitation on the data volume for private use while abroad. The connection to family and friends as well as to the personal social environment can be maintained even while they are in remote area. For the first time, media services are an integral part of Connect-D, including corporate TV and radio - notably Radio Andernach and Bundeswehr TV - video on demand (VoD) and ePaper.

Airbus has been providing welfare communication services to the Bundeswehr since 2011. The Connect-D Service is currently deployed in 15 locations within 3 continents, e.g. Afghanistan, Mali and Lithuania. With the new contract, Airbus ensures that Connect-D will be available at existing and future missions and exercises and with state-of-the-art communication technology.

Airbus has been providing global connectivity for over four decades and is a world leader in satellite communications and ground infrastructure networks. The company has delivered governments, militaries and International Agencies with mission-critical voice and high-speed data communications on land, at sea and in the air.
@AirbusDefence

Disclaimer

Airbus SE published this content on 06 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 August 2020 13:13:08 UTC

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Financials
Sales 2020 46 879 M 54 558 M 54 558 M
Net income 2020 -343 M -399 M -399 M
Net Debt 2020 1 256 M 1 462 M 1 462 M
P/E ratio 2020 -151x
Yield 2020 0,01%
Capitalization 46 744 M 54 448 M 54 400 M
EV / Sales 2020 1,02x
EV / Sales 2021 0,85x
Nbr of Employees 135 154
Free-Float 73,0%
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Average target price 80,64 €
Last Close Price 59,65 €
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Guillaume Faury Chief Executive Officer
René Richard Obermann Chairman
Michael Schöllhorn Chief Operating Officer
Dominik Asam Chief Financial Officer
Luc Hennekens Chief Information Officer
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