[Satellite TODAY 01-13-11] Astrium posted preliminary overall revenues of 5 billion euros ($6.47 billion) in 2010, a 4 percent increase compared to 2009, the company announced Jan. 12.
Astrium received 6 billion euros ($7.7 billion) in orders in 2010, a 43 percent increase compared to 2009. Astrium’s order book now stands at about 16 billion euros ($20.71 billion). Astrium’s 2010 highlights include: a 55.2 million euro ($71.5 million) contract with the Vietnam Academy of Science and Technology for an Earth observation optical satellite system; a contract from Eutelsat to a build the 48-transponder W5A Ku-band satellite and a deal with SES World Skies to build the SES-6 satellite.
In a statement, Astrium CEO François Auque said the company hopes to have a good year in the military market in 2011 as the company targets a key deal in France. “In services, the orders we received have almost tripled in relation to 2009. We hope that the ongoing tender for a public-private partnership for military telecommunications for the French armed forces will take account of our long experience with both the British and German Defense Ministries.”
Astrium Reports Modest Growth in 2010; Plans Military Focus in 2011
By 
Mark Holmes
Mark Holmes
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