BAE, EADS in merger talks to create aerospace giant

By Paul Sandle and Rhys Jones – Britain’s BAE Systems and Airbus-owner EADS are in advanced merger talks to create a combined group worth US$48-billion, overtaking Boeing as the world’s biggest aerospace and defence company in terms of sales.

“On the face of it this will create one of the largest aerospace and defense organizations on the planet, depending on how much they have to spin out to get this past regulators,” said Guy Anderson, Senior Principal Analyst, IHS Jane’s Defence Industry.

“It could change the European defence market beyond recognition.” more>


Leave a Reply

Please log in using one of these methods to post your comment: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s