Finance

Framework deal for European space giant will require some weeks, source says

Published by Global Banking & Finance Review

Posted on October 6, 2025

1 min read

· Last updated: January 21, 2026

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Framework deal for European space giant will require some weeks, source says
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ROME (Reuters) -A framework agreement between Italy's Leonardo and France's Thales and Airbus for a new European space giant will require some weeks, a source with knowledge of the matter said on

Framework Agreement for New European Space Leader Expected Soon

Overview of the European Space Alliance

ROME (Reuters) -A framework agreement between Italy's Leonardo and France's Thales and Airbus for a new European space giant will require some weeks, a source with knowledge of the matter said on Monday.

Key Players Involved

The parties are still considering some key points of the alliance and the boards of the three companies will need to discuss them, the source added.

Discussion Points for the Alliance

(Reporting by Giuseppe fonte, editing by Giulia Segreti)

Key Takeaways

  • Framework agreement between Leonardo, Thales, and Airbus.
  • The deal aims to create a new European space leader.
  • Key points of the alliance are still under discussion.
  • Boards of the companies need to approve the agreement.
  • The agreement is expected to finalize in a few weeks.

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