Why is it a race instead of being of public and international importance to have an alternative to a for profit company?
It’s not a meaningful alternative. The comparison to a Yugo is apt: it’s more expensive and less capable, with its sole advantage being it’s made in Europe and so will get European launches. But anyone launching on it is structurally disadvantaged against a competitor (or peer) who launches on SpaceX.
Strongly agree—Europe needs an indigenous launch option. Ariane 6 is not it, and I’m sceptical ArianeSpace can ever deliver it.
It's not commercially viable. That means it has no room to organically drive economies of scale and thus learning curves, which has downstream effects on evertyhing from recruiting to supplier negotiations. Europe has a launch vehicile. It does not have a platform. Virtually everything in Ariane 6 will have to be thrown out to be relevant in a modern, reusable design.
Put another way, SLS didn't prepare Boeing and Lockheed Martin one iota for the modern launch industry. If anything, it drove ambitious people away from them.
Jobs, yes, strategic, no. Being able to put ten birds up in a year means an adversary can blind your space capabilities, if we’re taking the argument to absurd ends.
We Americans would be defensive about ULA, probably, if it weren’t for SpaceX. The problem is the EU has no plan B. If SpaceX cuts them off, Ariana or not, they’re crippled as a spacefaring enterprise.
You only have to look at what happened with Starlink and Ukraine.
Last thing EU wants is to put their vital strategic interests in the hands of Elon Musk and his erratic whims.
Especially given they are planning to fine X 6% of their revenue which may end up bankrupting the company given its perilous financial state.