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Airbus consortium to develop next generation Ariane 6

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AFP Paris
Last Updated : Aug 12 2015 | 6:42 PM IST
The European Space Agency has tapped Airbus Safran Launchers to build a new-generation Ariane 6 rocket launcher by 2020 for 2.4 billion euros (USD 2.7 billion), ESA said today.
Contracts signed today "cover all development work on Ariane 6 and its launch base for a maiden flight in 2020," ESA said in a statement.
ASL noted that Ariane 6 is slated to reach "full operational capacity" in 2023 under the deal.
ESA also stated that European Launch Vehicle would develop the Vega C launch system for its 2018 debut, at a cost of 395 million euros.
The contract for the Ariane 6 launch base totals 600 million euros, ESA said, adding that the deals were signed by ASL, ELV and the French space agency CNES.

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First Published: Aug 12 2015 | 6:42 PM IST

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