Airbus Lands $400M ESA Radar Satellite Deal

The contract for two Sentinel-1 radar instruments boosts Airbus's backlog in Earth observation programs and European space capabilities. Airbus secured a €345 million ($400 million) contract to develop and manufacture radar instruments for the European Space Agency's next-

US Stocks Fall as Tensions Rise

S&P 500 down 1.5% amid rising US-Iran tensions The US stock market declined as tensions between the US and Iran escalated. The S&P 500 fell 1.5% while the Nasdaq dropped 1.8%. The decline came despite the US May CPI meeting expectations at 4.2%. The US 10-year yield