Satellite company relaunched as part of major shake-up

CHANGES Workers at Astrium ' now called Airbus Defence and Space ' in Hilsea
CHANGES Workers at Astrium ' now called Airbus Defence and Space ' in Hilsea

Pub party to mark major £300k revamp

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SATELLITE manufacturer Astrium has relaunched following a rebrand by its parent company.

As previously reported in The News, the firm, which manufactures satellite parts from a large site at Broad Oak, Anchorage Park, Hilsea, is now part of Airbus Defence and Space.

Previously, the Airbus Group was called the European Aeronautic Defence and Space company (EADS).

The name change and restructure was made official on New Year’s Day, and announced yesterday.

In Gosport, the EADS Eurocopter company at Fleetlands has been renamed Airbus Helicopters.

‘For many years, Airbus has been a globally-renowned synonym for technology breakthrough as well as aeronautic passion and pride,’ said Airbus Group chief executive officer Tom Enders.

‘Joining forces under the strong Airbus brand gives all our operations and employees the thrust and lift to capture global markets.’

It is the latest step in a raft of changes the company has announced to streamline its operations.

Last month, Astrium’s Hilsea site was picked as one of three to be kept under a major shake-up of its operations.

EADS announced it will cut 5,800 jobs across Europe as part of a major restructuring of its organisation, with the jobs being phased over during the next three years.

EADS has eight major sites in the UK, and plans to bring those down to just three as part of a ‘substantial consolidation’.

Around 950 people are employed at its Portsmouth site, in Hilsea, which builds satellites.

That site has been chosen as one of the three which will remain.