Airbus Defence and Space improved revenue, adjusted EBIT, and order intake in the first quarter of 2026.
The segment nearly doubled its order intake compared to the first quarter of last year to nearly 5 billion euro ($5.9 billion), mostly driven by the Air Power business unit, which includes military aircraft systems.
Revenue for Airbus Defence and Space increased 7% year-over-year to 2.8 billion euro ($3.3 billion), also driven by Air Power volumes.
The company’s investor presentation noted that Air Power makes up 63% of the segment’s revenue, while Space Systems contributes 21% of revenue, and Connected Intelligence and others make up 16%.
Improved profitability across all segments of Airbus Defence and Space led to 130 million euro ($152 million) in adjusted EBIT in Q1, compared to 77 million euro ($90 million) in the same time last year.
Airbus Defence and Space reported financials as part of parent company Airbus first quarter results on Tuesday. Overall, company revenues decreased by 7% year-over-year to 12.7 billion euro ($14.9 billion).
Airbus CEO Guillaume Faury noted the strong performance in Defence and Space, alongside lower commercial aircraft deliveries. “In defence, the focus remains on serving global demand by ramping up production across our portfolio of products and services,” Faury said in a release.
