The chief executive of aerospace firm Airbus said Britain should not be frozen out of the European Union's Galileo space program after Brexit, calling on both sides to find a long-term solution in the interest of security.

Tom Enders, Airbus CEO, said at stake was not just the Galileo satellite program, the EU's €10 billion ($12.4 billion) program to develop a rival to the U.S. Global Positioning System, but the continent's ability to protect itself.

"The U.K.'s continued participation in the EU Galileo program will ensure security and defense ties are strengthened for the benefit of Europe as a whole, during a period of increasing threats to our security and geopolitical instability," he said in a statement.