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
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
The rebranding had a significant impact on several key business lines: The European aerospace landscape underwent a seismic shift