• Airbus and Thales Alenia Space win €1.5 billion contract for two IRIS spy satellites.
• The contract covers design, manufacture, and testing of satellites and ground systems.
• The IRIS satellites will replace the CSO satellites launched in 2018, 2020, and 2025.
• The first satellite is expected to enter service around 2033.

This contract may indicate France's growing investment in military space capabilities, which could enhance its strategic autonomy and sovereignty. The partnership between Airbus and Thales Alenia Space suggests a strong collaboration in the European space industry, which could lead to further joint projects and strengthen their competitive position.