Spain has made a significant move to modernize its air force by signing an agreement with Airbus for 25 next-generation Eurofighter aircraft. The order, comprising 21 single-seater and four twin-seater jets, is scheduled for delivery beginning in 2030. This latest procurement follows a previous 2022 contract for 20 fighters and will expand Spain’s Eurofighter fleet to 115 aircraft. While the deal’s exact value remains undisclosed, it can be benchmarked against Italy’s recent similar purchase of 24 Eurofighters for approximately 7.5 billion euros. The new aircraft will replace Spain’s aging F-18 fleet, marking a substantial upgrade in the country’s military aviation capabilities.
Market Response
Despite the substantial order, Airbus’s stock performance has shown weakness in recent trading. The shares declined by 1.2 percent to 154.72 euros on XETRA, continuing a downward trend that has left the stock significantly below its 52-week high of 172.82 euros reached in March 2024. The company, currently valued at 125.9 billion euros, has maintained its shareholder returns in 2024, distributing a regular dividend of 1.80 euros per share, along with a special dividend of 1.00 euro per share paid in April.
Ad
Airbus Stock: New Analysis – 23 December
Fresh Airbus information released. What’s the impact for investors? Our latest independent report examines recent figures and market trends.
Read our updated Airbus analysis…
Spain has made a significant move to modernize its air force by signing an agreement with Airbus for 25 next-generation Eurofighter aircraft. The order, comprising 21 single-seater and four twin-seater jets, is scheduled for delivery beginning in 2030. This latest procurement follows a previous 2022 contract for 20 fighters and will expand Spain’s Eurofighter fleet to 115 aircraft. While the deal’s exact value remains undisclosed, it can be benchmarked against Italy’s recent similar purchase of 24 Eurofighters for approximately 7.5 billion euros. The new aircraft will replace Spain’s aging F-18 fleet, marking a substantial upgrade in the country’s military aviation capabilities.
Market Response
Despite the substantial order, Airbus’s stock performance has shown weakness in recent trading. The shares declined by 1.2 percent to 154.72 euros on XETRA, continuing a downward trend that has left the stock significantly below its 52-week high of 172.82 euros reached in March 2024. The company, currently valued at 125.9 billion euros, has maintained its shareholder returns in 2024, distributing a regular dividend of 1.80 euros per share, along with a special dividend of 1.00 euro per share paid in April.
Ad
Fresh Airbus information released. What’s the impact for investors? Our latest independent report examines recent figures and market trends.