EADS is the third-largest space systems manufacturing company in the world after Boeing and Lockheed Martin and the leading European supplier of satellites, orbital infrastructures, launchers and associated services. In 2005, the Space Division’s consolidated revenues were €2.7 billion, representing 8% of EADS’ total revenues.

The Space Division (“EADS SPACE”) designs, develops and manufactures satellites, orbital infrastructures and launcher systems and provides space services. EADS SPACE is composed of three main entities: EADS Astrium, EADS SPACE Transportation (“EADS-ST”) and EADS SPACE Services. EADS SPACE also provides launch services, through its shareholdings in Arianespace (Ariane 5 launcher), Starsem (Soyuz launcher) and Eurockot (Rockot launcher), as well as services related to telecommunications and earth observation satellites, through dedicated companies such as wholly-owned subsidiaries Paradigm Secure Communications and Paradigm Services (“Paradigm”), Infoterra and joint ventures such as Spot Image.

The return to profitability of EADS SPACE in 2004, following two years of major industrial re-engineering, was maintained in 2005 with a positive EBIT* of €58 million (2.2% of revenues). All three BUs of EADS SPACE, (EADS Astrium, EADS-ST and EADS SPACE Services) have posted positive 2005 results.