OHB Trumps EADS on 250 Million-Euro Satellite Order, FTD Says

OHB AG (OHB) won an order valued at 250 million euros ($329 million) for eight Galileo satellites, trumping larger rival European Aeronautic Defence and Space Co., Financial Times Deutschland reported, without saying where it got the information.

OHB has in the past hired a unit of EADS’s Astrium division called SSTL for about 40 percent of contracts, the German newspaper said.

EADS’s Arianespace rockets are to transport Galileo satellites into space, FTD reported.

To contact the reporter on this story: Sheenagh Matthews in Frankfurt at smatthews6@bloomberg.net

To contact the editor responsible for this story: Benedikt Kammel at bkammel@bloomberg.net

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