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The European Space Agency gave Astrium contracts collectively worth about $146...

The European Space Agency gave Astrium contracts collectively worth about $146 million to cover the development of the Ariane 6 and Ariane 5 ME launchers. Under the contracts, Astrium will launch initial definition and feasibility studies for the future Ariane…

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6 European launcher, Astrium said in a press release (http://xrl.us/bodo4x). The study phase is aimed at identifying the concept and architecture for Ariane 6 “and will set out the new launcher’s main specifications prior to its industrial development,” it said.