PARIS — Astrium GmbH of Germany is purchasing the space division of German opto-electronics group Jenoptik, Jena-Optronik GmbH, in a cash transaction following a competitive sales process in which Astrium outbid “several international aerospace companies,” Jenoptik and Astrium announced Oct. 4.
Peter B. de Selding was the Paris Bureau Chief for SpaceNews. More by Peter B. de Selding
