EADS will combine its defence and space units and take the name of its flagship brand Airbus, adopting a similar structure and style to arch-rival Boeing as it targets higher profits.
Nine months after abandoning attempts to merge
EADS is set to reorganize some business units as part of a strategy review that could also see the European aerospace group change its name to Airbus, people familiar with the matter said on Thursday.
The shake-up aims to provide
Airbus expressed growing optimism about the schedule for the keenly-awaited maiden flight of its A350 on Tuesday, amid speculation that its first new jet in almost a decade could debut before next month's Paris air show.
Cassidian, the defence and security division of EADS, has developed a new-generation jamming system that significantly enhances the protection of vehicles against radio-controlled improvised explosive devices (RCIEDs).
Cassidian, an EADS company, will be showcasing its innovative and quality products and solutions at the IDEX 2013 expo to be held at the Abu Dhabi National Exhibition Centre from February 17 to 21.
A leading global provider of cut
Europe's largest aerospace group EADS said it was in talks with major European nations to reach a deal aimed at overhauling a convoluted shareholder structure at the company.
The Airbus parent company said it was in talks on t
The collapse of the proposed merger between BAE Systems and EADS will shift the focus to smaller deals among global weapons makers as companies strive to keep revenue rising in the face of cuts in military spending by the United States and Europ
Talks on a $45 billion merger between EADS and BAE Systems collapsed on Wednesday after the governments of France, Germany and Britain failed to reach agreement over a deal to create the world's largest aerospace and arms group.
To win approval for their planned $45 billion merger, EADS and BAE systems must persuade Washington to let a pan-European behemoth control some of the most sensitive US defence contracts, without triggering a political backlash.
Qatar Airways backs the proposed $45 billion merger of EADS and BAE Systems, the Gulf carrier's chief executive said on Tuesday, arguing a combined entity would make better products.
Airbus parent EADS and BAE Systems are batt