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Encyclopedia > EADS
European Aeronautic Defence and Space Company EADS N.V.
Type Public (Euronext: EAD, BMADEAD, FWB: EAD)
Founded 2000
Headquarters Ottobrunn, Germany
Paris, France
Schiphol-Rijk, The Netherlands
Key people Louis Gallois (CEO)
Rüdiger Grube (Chairman)
Industry Aerospace, defence, and telecommunications
Revenue €39.434 billion (2006)
Operating income €399 million
Net income €99 million
Employees 116,805 (2006)
Parent SOGEADE
Daimler AG
Divisions Airbus
Astrium
Defence & Security
Eurocopter
Military Transport Aircraft
Website www.eads.eu

The European Aeronautic Defence and Space Company EADS N.V. (EADS) is a large European aerospace corporation, formed by the merger on July 10, 2000 of DaimlerChrysler Aerospace AG (DASA) of Germany, Aérospatiale-Matra of France, and Construcciones Aeronáuticas SA (CASA) of Spain. The company develops and markets civil and military aircraft, as well as missiles, space rockets, satellites, and related systems. The company is headquartered in the Netherlands in Schiphol-Rijk. The company operates under Dutch law. For other uses, see Eads. ... This article does not cite any references or sources. ... Euronext N.V. is a pan-European stock exchange based in Paris[1] and with subsidiaries in Belgium, France, Netherlands, Portugal and the United Kingdom. ... Bolsa de Madrid Bolsa de Madrid (Madrid Stock Exchange) is the largest and most international of Spains four regional stock exchanges located in Barcelona, Bilbao, and Valencia that trade shares and convertible bonds and fixed income securities, both government and private-sector debt. ... The Frankfurt Stock Exchange (outside) The DAX chart (inside) The Frankfurt Stock Exchange (German: FWB® Frankfurter Wertpapierbörse) is a stock exchange located in Frankfurt, Germany. ... Year 2000 (MM) was a leap year starting on Saturday. ... Ottobrunn is a small suburban community south-east of Munich, Bavaria, Germany, founded in 1955. ... This article is about the capital of France. ... Schiphol-Rijk () is a town and an industrial estate in the Dutch province of North Holland. ... Motto: Je Maintiendrai (Dutch: Ik zal handhaven, English: I Shall Uphold) Anthem: Wilhelmus van Nassouwe Capital Amsterdam1 Largest city Amsterdam Official language(s) Dutch2 Government Parliamentary democracy Constitutional monarchy  - Queen Beatrix  - Prime minister Jan Peter Balkenende Independence Eighty Years War   - Declared July 26, 1581   - Recognised January 30, 1648 (by Spain... Louis Gallois is a French businessman and currently the co-CEO of EADS. Gallois has headed Snecma (1989-1992) Aérospatiale (1992-1996) and SNCF (1996-2006). ... Look up aerospace in Wiktionary, the free dictionary. ... The AK-47 has been produced in greater numbers than any other assault rifle and has been used in conflicts all over the world. ... Copy of the original phone of Alexander Graham Bell at the Musée des Arts et Métiers in Paris Telecommunication is the assisted transmission of signals over a distance for the purpose of communication. ... For the tax agency in Ireland of the same name, see Revenue Commissioners. ... Earnings before interest and taxes (EBIT), also known as operating income and operating profit, is a term used to describe a companys earnings. ... Net income is equal to the income that a firm has after subtracting costs and expenses from the total revenue. ... This article is about work. ... For the band, see Big Brother and the Holding Company. ... SOGEADE (Société de gestion de laéronautique, de la défense et de lespace) is a French holding company. ... DaimlerChrysler AG (ISIN: DE0007100000) is a German car corporation and the worlds fifth largest car manufacturer. ... A division of a business entity is a portion of that business that operates under a different name. ... Airbus S.A.S. (pronounced in English, in French, and in German) is an aircraft manufacturing subsidiary of EADS, a European aerospace concern. ... EADS Astrium, one of the three business units of EADS Space, this company being a subsidiary of EADS, is an European space manufacturer involved in the manufacture of spacecraft used for science, Earth observation and telecommunication, as well as the equipment and subsystems used therein and related ground systems. ... The Eurocopter Group is a global helicopter manufacturing and support company formed in 1992 from the merger of the helicopter divisions of French Aérospatiale and German DaimlerChrysler Aerospace AG (DASA). ... Wikipedia does not yet have an article with this exact name. ... A website (alternatively, web site or Web site) is a collection of Web pages, images, videos or other digital assets that is hosted on one or more web servers, usually accessible via the Internet. ... For other uses, see Europe (disambiguation). ... is the 191st day of the year (192nd in leap years) in the Gregorian calendar. ... Year 2000 (MM) was a leap year starting on Saturday. ... Luftwaffe Tornado ECR Deutsche Aerospace AG Daimler-Benz Aerospace AG DaimlerChrysler Aerospace AG Founded May 19, 1989 as Deutsche Aerospace AG, bundling space and aeronautic elements of Daimler-Benz (including Dornier Luftfahrt), Messerschmitt-Bölkow-Blohm (MBB), MTU München, and Telefunken Systemtechnik (TST) In 1992, the helicopter division was... Aérospatiale-Matra was a European missile and aircraft manufacturer. ... CASA Jungmann, built in 1957. ... Motto: Je Maintiendrai (Dutch: Ik zal handhaven, English: I Shall Uphold) Anthem: Wilhelmus van Nassouwe Capital Amsterdam1 Largest city Amsterdam Official language(s) Dutch2 Government Parliamentary democracy Constitutional monarchy  - Queen Beatrix  - Prime minister Jan Peter Balkenende Independence Eighty Years War   - Declared July 26, 1581   - Recognised January 30, 1648 (by Spain... Schiphol-Rijk () is a town and an industrial estate in the Dutch province of North Holland. ...

Contents

History

The 1997 merger of American corporations Boeing and McDonnell Douglas, which followed the forming of Lockheed Martin, the world's largest defence contractor in 1995, increased the pressure on European defence companies to consolidate. In June 1997 British Aerospace Defence Managing Director John Weston commented "Europe... is supporting three times the number of contractors on less than half the budget of the U.S.".[1] European governments wished to see the merger of their defence manufacturers into a single entity, a European Aerospace and Defence Company.[2] The Boeing Company (NYSE: BA, TYO: 7661) is a major aerospace and defense corporation, originally founded by William Edward Boeing. ... DC-10, retired from American Airlines fleet at gate McDonnell Douglas was a major American aerospace manufacturer, producing a number of famous commercial and military aircraft. ... Lockheed/BAE/Northrop F-35 Lockheed Trident missile C-130 Hercules; in production since the 1950s, now as the C-130J Lockheed Martin (NYSE: LMT) is an aerospace manufacturer formed in 1995 by the merger of Lockheed Corporation with Martin Marietta. ... John Weston is a British businessman. ...


As early as 1995 the German aerospace and defence company DaimlerChrysler Aerospace (DASA) and its British counterpart British Aerospace were said to be keen to create a transnational aerospace and defence company.[3] The two companies envisaged including Aérospatiale, the other major European aerospace company, but only after its privatisation.[4] The first stage of this integration was seen as the transformation of Airbus from a consortium of British Aerospace, DASA, Aérospatiale and Construcciones Aeronáuticas SA into an integrated company; in this aim BAe and DASA were united against the various objections of Aérospatiale.[5] As well as Airbus, British Aerospace and DASA were partners in the Panavia Tornado and Eurofighter Typhoon aircraft projects. Merger discussions began between British Aerospace and DASA in July 1998, just as French participation became more likely with the announcement that Aérospatiale was to merge with Matra and emerge with a diluted French government shareholding.[6] A merger was agreed between British Aerospace Chairman Richard Evans and DASA CEO Jürgen Schrempp in December 1998.[7] However when the British General Electric Company put its defence electronics business Marconi Electronic Systems up for sale on 22 December 1998, British Aerospace abandoned the DASA merger in favour of purchasing its British rival. The merger of British Aerospace and MES to form BAE Systems was announced on 19 January 1999 and completed on 30 November.[8][9] Evans stated that in 2004 that his fear was that an American defence contractor would acquire MES and challenge both British Aerospace and DASA.[7] Luftwaffe Tornado ECR Deutsche Aerospace AG Daimler-Benz Aerospace AG DaimlerChrysler Aerospace AG Founded May 19, 1989 as Deutsche Aerospace AG, bundling space and aeronautic elements of Daimler-Benz (including Dornier Luftfahrt), Messerschmitt-Bölkow-Blohm (MBB), MTU München, and Telefunken Systemtechnik (TST) In 1992, the helicopter division was... British Aerospace (BAe) was a UK aircraft and defence systems manufacturer, now part of BAE Systems. ... Airbus S.A.S. (pronounced in English, in French, and in German) is an aircraft manufacturing subsidiary of EADS, a European aerospace concern. ... CASA Jungmann, built in 1957. ... The Panavia Tornado is a family of twin-engine combat aircraft, which was jointly developed by the United Kingdom, West Germany and Italy. ... Mécanique Avion TRAction or Matra is a French company covering a wide range of activities mainly related to aeronautics and weaponry which today operates as the Lagardère Group. ... Sir Richard Evans CBE DL Sir Richard Evans (age 63 ) was appointed a non-executive director in September 1997 and chairman in January 2001. ... Jürgen Erich Schrempp (born September 15, 1944 in Freiburg) is 2005, the CEO of DaimlerChrysler, a German-American car and truck manufacturer. ... “GEC” redirects here. ... Marconi Electronic Systems (MES), or GEC-Marconi as it was until 1998, was the defence arm of The General Electric Company (GEC). ... is the 356th day of the year (357th in leap years) in the Gregorian calendar. ... Year 1998 (MCMXCVIII) was a common year starting on Thursday (link will display full 1998 Gregorian calendar). ... , BAE Systems plc (BAE) is a British defence and aerospace company headquartered at Farnborough, England, UK, that has worldwide interests, particularly in North America through its subsidiary BAE Systems Inc. ... is the 19th day of the year in the Gregorian calendar. ... Events of 2008: (EMILY) Me Lesley and MIley are going to China! This article is about the year. ... is the 334th day of the year (335th in leap years) in the Gregorian calendar. ...


Formation

DASA and the Spanish aircraft company Construcciones Aeronáuticas SA agreed to merge with the signature of a memorandum of understanding on 11 June 1999.[10] On 14 October 1999 DASA agreed to merge with Aérospatiale-Matra to create the European Aeronautic Defence and Space Company.[11] 10 July 2000 was "Day One" for the new company which became the world's second largest aerospace company after Boeing and the second-largest European arms manufacturer after BAE Systems.[12] CASA Jungmann, built in 1957. ... is the 191st day of the year (192nd in leap years) in the Gregorian calendar. ... Year 2000 (MM) was a leap year starting on Saturday. ... The Boeing Company (NYSE: BA, TYO: 7661) is a major aerospace and defense corporation, originally founded by William Edward Boeing. ... The arms industry is a massive global industry. ...


In January 2001 Airbus Industrie was transformed from an inherently inefficient consortium structure to a formal joint stock company, with legal and tax procedures being finalised on 11 July.[13][14] Both EADS and BAE transferred ownership of their Airbus factories to the new Airbus SAS in return for 80% and 20% shares in the new company respectively. In April 2001 EADS agreed to merge its missile businesses with those of BAE Systems and Alenia Marconi Systems (BAE/Finmeccanica) to form MBDA. EADS took a 37.5% share of the new company which was formally established in December 2001 and which thus became the world's second largest missile manufacturer.[15] is the 192nd day of the year (193rd in leap years) in the Gregorian calendar. ... Alenia Marconi Systems (AMS) is a major European defence electronics company and is a equal shares joint venture between BAE SYSTEMS and Finmeccanica. ... Finmeccanica S.p. ... MBDA is a European arms company which manufactures missiles and is the result of the 2001 merger of Aérospatiale-Matra Missiles (of EADS), Alenia Marconi Systems missile divisions and Matra BAe Dynamics. ...


On 16 June 2003 EADS acquired BAE's 25% share in Astrium, the satellite and space system manufacturer, to become the sole owner. EADS paid £84 million, however due to the lossmaking status of the company BAE invested an equal amount for "restructuring".[16] It was subsequently renamed EADS Astrium. In November 2003, EADS announced that it was considering working with Japanese companies, and the Japanese METI, to develop a hypersonic airliner intended to be a larger, faster, and quieter, replacement for the Concorde, which was retired in October the same year. is the 167th day of the year (168th in leap years) in the Gregorian calendar. ... ... EADS Astrium, one of the three business units of EADS Space, this company being a subsidiary of EADS, is an European space manufacturer involved in the manufacture of spacecraft used for science, Earth observation and telecommunication, as well as the equipment and subsystems used therein and related ground systems. ... The Ministry of Economy, Trade and Industry (METI, 経済産業省; Keizai-sangyo-ō;) is one of ministries of the Japanese government. ... Boeing X-43 at Mach 7 In aerodynamics, hypersonic speeds are speeds that are highly supersonic. ... An Airbus A340 airliner operated by Air Jamaica An airliner is a large fixed-wing aircraft with the primary function of transporting paying passengers. ... For other uses, see Concorde (disambiguation). ...


Despite repeated suggestions as early as 2000 that BAE Systems wished to sell its 20% share of Airbus, the possibility was consistently denied by the company.[17] However on 6 April 2006 BBC News reported that it was indeed to sell its stake, then "conservatively valued" at £2.4 billion.[18] Due to the slow pace of informal negotiations, BAE exercised its put option which saw investment bank Rothschild appointed to give an independent valuation. Six days after this process began, Airbus announced delays to the A380 with significant effects on the value of Airbus shares. On 2 June 2006 Rothschild valued BAE's share at £1.87 billion, well below BAE's, analysts' and even EADS' expectations.[19] The BAE board recommended that the company proceed with the sale and on 4 October 2006 shareholders voted in favour; the sale was completed on 13 October making EADS the sole shareholder of Airbus.[20] is the 96th day of the year (97th in leap years) in the Gregorian calendar. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... A put option (sometimes simply called a put) is a financial contract between two parties, the buyer and the writer of the option. ... N. M. Rothschild & Sons, or simply Rothschild, is the investment bank company of the Rothschild family. ... The Airbus A380 is a double-deck, wide-body, four-engine airliner manufactured by the European corporation Airbus, an EADS subsidiary. ... is the 153rd day of the year (154th in leap years) in the Gregorian calendar. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... is the 277th day of the year (278th in leap years) in the Gregorian calendar. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... is the 286th day of the year (287th in leap years) in the Gregorian calendar. ...


In March 2007 EADS Defence and Security Systems division was awarded an eight year, £200m contract to provide the IT infrastructure for the FiReControl project in the UK.[21] FiReControl is a UK based project to reduce the number of control rooms used to handle emergency calls for fire brigades and authorities. ...


Recent activities

On 29 February 2008, the U.S. Air Force awarded a $35 billion contract for aerial refueling tankers to Northrop Grumman, with EADS as a major subcontract. The contract, one of the largest created by the Department of Defense, is initially valued at $35 billion but has the potential to grow to $100 billion. It is also a sign of the growing influence of foreign suppliers within the Pentagon and breaks a relationship that has lasted decades with Boeing, which had built the bulk of the existing tanker fleet and had fought hard to land the new contract. February 29 is a day added into a leap year of the Gregorian calendar. ... Seal of the Air Force. ... The United States Department of Defense (DOD or DoD) is the federal department charged with coordinating and supervising all agencies and functions of the government relating directly to national security and the military. ...


Under the contract, Northrop Grumman and EADS would build a fleet of 179 planes, based on the existing Airbus 330, to provide in-air refueling to military aircraft, from fighter jets to cargo planes. While final assembly of the craft would take place at an Airbus plant near Mobile, Alabama, parts would come from suppliers across the globe.[22] The Northrop Grumman Corporation (NYSE: NOC) is an aerospace and defense conglomerate that is the result of a 1994 merger between Northrop and Grumman. ... The Airbus A330 is a large-capacity, wide-body, medium-to-long-range commercial passenger airliner manufactured by EADS (Airbus S.A.S.). It was developed at the same time as the four-engined A340. ... Nickname: Coordinates: , Country State County Mobile Founded 1702 Incorporated 1814 Government  - Mayor Sam Jones Area  - City 412. ...


Organisation

Jules Verne ATV
Jules Verne ATV

Image File history File links Metadata No higher resolution available. ... Image File history File links Metadata No higher resolution available. ... Airbus S.A.S. (pronounced in English, in French, and in German) is an aircraft manufacturing subsidiary of EADS, a European aerospace concern. ... The Airbus A380 is a double-deck, wide-body, four-engine airliner manufactured by the European corporation Airbus, an EADS subsidiary. ... Eurofighter Jagdflugzeug GmbH is a multinational company that co-ordinates the design, production and upgrade of the Eurofighter Typhoon. ... This article is about a fighter aircraft. ... The Eurocopter Group is a global helicopter manufacturing and support company formed in 1992 from the merger of the helicopter divisions of French Aérospatiale and German DaimlerChrysler Aerospace AG (DASA). ... The Eurocopter Tiger is an attack helicopter manufactured by the Eurocopter Group. ... Image File history File linksMetadata Download high-resolution version (1194x1910, 627 KB) File links The following pages on the English Wikipedia link to this file (pages on other projects are not listed): Ariane 5 Cité de lespace Metadata This file contains additional information, probably added from the digital camera... Image File history File linksMetadata Download high-resolution version (1194x1910, 627 KB) File links The following pages on the English Wikipedia link to this file (pages on other projects are not listed): Ariane 5 Cité de lespace Metadata This file contains additional information, probably added from the digital camera... Ariane 5 is a European expendable launch system designed to deliver payloads into geostationary transfer orbit or low Earth orbit. ... Airbus S.A.S. (pronounced in English, in French, and in German) is an aircraft manufacturing subsidiary of EADS, a European aerospace concern. ... Wikipedia does not yet have an article with this exact name. ... The Eurocopter Group is a global helicopter manufacturing and support company formed in 1992 from the merger of the helicopter divisions of French Aérospatiale and German DaimlerChrysler Aerospace AG (DASA). ... EADS Astrium, one of the three business units of EADS Space, this company being a subsidiary of EADS, is an European space manufacturer involved in the manufacture of spacecraft used for science, Earth observation and telecommunication, as well as the equipment and subsystems used therein and related ground systems. ... EADS Astrium Satellites, one of the three business units of EADS Astrium, this company being a subsidiary of EADS, is an European space manufacturer involved in the manufacture of spacecraft used for science, Earth observation and telecommunication, as well as the equipment and subsystems used therein and related ground systems. ... EADS Astrium Space Transportation was formed in June 2003 from the Space Infrastructure division of Astrium (whose core was originally ERNO) and the EADS Launch Vehicles division (formerly Aerospatiales Space division). ... Categories: Stub | International military trainer aircraft 2000-2009 ... Dassault-Breguet/Dornier Alpha Jet of the UK defence technology organisation QinetiQ Dassault Aviation is a French aircraft manufacturer of military, regional and business jets. ... The logo of the Dassault Rafale program. ... The Mirage 2000 is a French-built multirole fighter jet manufactured by Dassault Aviation. ... Eurofighter Jagdflugzeug GmbH is a multinational company that co-ordinates the design, production and upgrade of the Eurofighter Typhoon. ... This article is about a fighter aircraft. ... EADS 3 Sigma is the name (since 2002 when its majority was acquired by the European EADS Group) of the Greek 3 Sigma aerospace company. ... MBDA is a European arms company which manufactures missiles and is the result of the 2001 merger of Aérospatiale-Matra Missiles (of EADS), Alenia Marconi Systems missile divisions and Matra BAe Dynamics. ...

Other units

American Eurocopter is the United States subsidary of Eurocopter. ... The Italian-French based aircraft manufacturer Aerei da Trasporto Regionale or Avions de Transport Régional (ATR) was formed in 1981, from the consortium formed by Aérospatiale of France (now EADS) and Aeritalia (now Alenia Aeronautica), of Italy. ... EADS Socata is a business unit of EADS dedicated to the production of general aviation aircraft propelled by piston engines and turboprops, including small personal or training aircraft as well as small business planes, as well as the production of aircraft structures for other manufacturers such as Airbus, Dassault, Embraer... CASA Jungmann, built in 1957. ... Founded in 1980, Arianespace SA undertakes the production, operation and marketing of the Ariane 4 and Ariane 5 rocket launchers as part of the Ariane programme. ...

Corporate governance

EADS' Executive Committee is headed by Louis Gallois, the EADS CEO. Other members are François Auque (Astrium), Lutz Bertling (Eurocopter), Jean Botti (Chief Technical Officer), Fabrice Brégier (EADS Operational Performance), Ralph Crosby (EADS North America), Thomas Enders (Airbus), Jussi Itävuori (Human Resources), Marwan Lahoud (Chief Marketing and Strategy Officer), Hans Peter Ring (Chief Financial Officer EADS and Airbus), Carlos Suárez (Military Transport Aircraft) and Stefan Zoller (Defence and Security).[23] Chief Executive redirects here. ...


The Executive Committee is appointed by the board of directors, itself appointed by Daimler AG and SOGEADE. Both appoint four directors plus one independent director. As of July 2003 SEPI no longer nominates a board member, but a Spanish director is retained as the 11th member.[24] The board also appoints the company's chairmen, one from the Daimler nominated directors and from the SOGEADE nominated directors. As of September 2007 the Chairmen are Rüdiger Grube and Arnaud Lagardère. The other board members are Louis Gallois, Thomas Enders, Hans Peter Ring, Juan Manuel Eguiagaray, Michel Pébereau, Bodo Uebber, François David and Michael Rogowski.[24]


In late 2004 Noël Forgeard (then Airbus CEO) was nominated by Lagardère as the next French CEO of EADS. Forgeard had suggested that this system should be abolished in favour of a single CEO in a move that DaimlerChrysler saw as an attempt to engineer a French dominated management team. Following protracted arguments, which caused embarrassment to EADS at the Paris Air Show, the appointment was confirmed by the EADS Board of Directors on June 25, 2005. At the same meeting the Board, in consultation with partner BAE Systems, named Gustav Humbert as President and CEO of Airbus. Noël Forgeard (born December 8, 1946) is a French industrialist, and is joint CEO of EADS. Until June 2005 Foregard was CEO of the aircraft manufacturer Airbus SAS. In late 2004 he was nominated as the next French CEO of EADS. This position is shared with a German - then... A Mirage 2000-5 at the Paris Air Show The Paris Air Show (Salon International de lAéronautique et de lEspace, Paris-Le Bourget) is an international trade fair for the aerospace business. ... is the 176th day of the year (177th in leap years) in the Gregorian calendar. ... Year 2005 (MMV) was a common year starting on Saturday (link displays full calendar) of the Gregorian calendar. ... Dr. Gustav Humbert (born in Celle, Germany in February 1950) has been a member of Airbus’ Executive Committee since July 2000, and at that time also was the Chief Operating Officer. ...


Financial information

As of 3 July 2007 41.63% of EADS stock is publicly traded on six European stock exchanges, while the remaining 58.37% is owned by a "Contractural Partnership".[25] The latter is owned by SOGEADE (27.38%), Daimler AG (22.41%), SEPI (5.46%) and Dubai Holding (3.12%).[26] SOGEADE is owned by the French State and Lagardère, while SEPI is a Spanish state holding company. France also owns 0.06% of publicly traded stock.[25] is the 184th day of the year (185th in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) was a common year starting on Monday of the Gregorian calendar in the 21st century. ... SOGEADE (Société de gestion de laéronautique, de la défense et de lespace) is a French holding company. ... DaimlerChrysler AG (ISIN: DE0007100000) is a German car corporation and the worlds fifth largest car manufacturer. ... Sociedad Estatal de Participaciones Industriales is large Spanish holding company. ... Dubai Holding is a holding company that belongs to Government of Dubai (Al Maktoum family). ... Lagardère SCA is a large French group of companies, diversified in publishing and aerospace, formerly known as Matra. ...


In October 2005 the British Ministry of Defence warned European politicians to stop, as it sees it, interfering in the corporate governance of EADS. The UK Defence Procurement Minister Lord Drayson has hinted that the UK government, a major customer for EADS, may withhold future contracts. "As a key customer, we see it as important for EADS to move in a direction that is free from political interference." [27] The Ministry of Defence (MOD) is the United Kingdom government department responsible for implementation of government defence policy and is the headquarters of the British Armed Forces. ... Paul Rudd Drayson, Baron Drayson (born in 1960) is a successful British businessman and entrepreneur who was made a working peer entitled Baron Drayson, of Kensington in the Royal Borough of Kensington and Chelsea, in May 2004. ...


On April 4, 2006, DaimlerChrysler announced its intention to reduce its shareholding from 30% to 22.5%. The company places a value of the stake at "approximately €2.0 billion." [28] Lagardère will reduce its holding by an identical amount. However, Caisse des Dépôts et Consignations, a unit of the French government, acquired 2.25% of EADS. At issue as a result is the fact that the German and French shareholdings are now in imbalance.[29] is the 94th day of the year (95th in leap years) in the Gregorian calendar. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ...


On August 30, 2006, shortly after the stock price decline caused by the A380 delivery delays, more than 5% of EADS stock has been reportedly purchased by the Russian state-owned Vneshtorgbank.[30] Now its share is nearly 6%. In December 2007, Vneshtorgbank sold EADS shares to another state-controlled bank Vneshekonombank. EADS sharers are to be delivered by Vneshekonombank to the charter capital of JSC "United Aircraft Corporation" in 2008. is the 242nd day of the year (243rd in leap years) in the Gregorian calendar. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... Vneshtorgbank is one of the leading universal banks of Russia and the largest in terms of authorized capital. ... Vneshtorgbank is one of the leading universal banks of Russia and the largest in terms of authorized capital. ... Vneshekonombank (in Russian: Внешэкономбанк) is a state owned Russian bank created in 1924. ... Vneshekonombank (in Russian: Внешэкономбанк) is a state owned Russian bank created in 1924. ...


On October 3, 2006, shortly after EADS admitted further delays in the Airbus 380 program would cost the company 4.8 billion euros in lost earnings in 2010, EADS shares, traded on the Paris arm of Euronext, were suspended after they surpassed the 10 per cent loss limit. Trading resumed later in the day with the one day loss holding at 7 per cent [1]. is the 276th day of the year (277th in leap years) in the Gregorian calendar. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ...


Criticisms

Cluster bombs

As a result of criticisms, the Norwegian Government Pension Fund excluded EADS and its sister company EADS Finance BV from its portfolio in 2005, arguing that EADS manufactures "key components for cluster bombs." EADS and its subsidiaries fulfill all the conditions of the Ottawa Treaty. No product of EADS or its subsidiaries falls into the category of antipersonnel mines as defined by the Ottawa Treaty ("landmines under the Ottawa Treaty"), also all activities undertaken by EADS are in accordance with the national and international rules and regulations that apply to the company. EADS owned the company TDA in a joint venture with the company Thales S.A. and TDA produced the mortar ammunition PR Cargo, which can be considered cluster ammunition, however this has since been divested. In April 2006 the fund declared that the basis for excluding EADS from investments related to production of cluster munitions is no longer valid, however its shareholding of MBDA means the fund still excludes EADS due to its indirect involvement in nuclear weapons production.[31] Image File history File links Unbalanced_scales. ... The Government Pension Fund of Norway comprises two entirely separate funds: The Government Pension Fund - Global (formerly The Government Petroleum Fund) The Government Pension Fund - Norway (formerly The National Insurance Scheme Fund) // The Government Pension Fund - Global (Statens pensjonsfond - Utland in Norwegian) is a fund where the surplus wealth produced... A US B-1 Lancer releasing its payload of cluster bombs Cluster munitions or cluster bombs are air-dropped or ground-launched munitions that eject a number of smaller submunitions (bomblets). The most common types are intended to kill enemy personnel and destroy vehicles. ... For the 1932 tariff treaty of British colonies and dominions, see British Empire Economic Conference. ...


Bribery

In 2003 Tony Yengeni, former chief whip of South Africa's ANC, was convicted of fraud relating to an arms deal with South Africa, in which EADS were major players[32], worth around $5bn. The BBC reported that EADS had admitted that it had "rendered assistance" to some 30 senior officials to obtain luxury vehicles, including defence force chief General Siphiwe Nyanda.[33] Tony Sithembiso Yengeni (11 October 1954) is a South African politician. ...


Insider trading investigation

On June 2, 2006 co-CEO Noël Forgeard and Airbus CEO Gustav Humbert resigned following the controversy caused by the June 2006 announcement that deliveries of the A380 would be delayed by a further six months. Forgeard was one of a number of executives who exercised stock options in November 2005 and March 2006. He and 21 other executives are under investigation as to whether they knew about the delays in the Airbus A380 project which caused a 26% fall in EADS shares when publicised.[34] is the 153rd day of the year (154th in leap years) in the Gregorian calendar. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... Dr. Gustav Humbert (born in Celle, Germany in February 1950) has been a member of Airbus’ Executive Committee since July 2000, and at that time also was the Chief Operating Officer. ...


The French government's actions are also under investigation; The stated-owned bank Caisse des Dépots et Consignations (CDC) bought part of Lagardère's 7.5% stake in EADS in April 2006, allowing that latter to partially escape the June 2006 losses.[34]


In June 2008, law firm Coughlin Stoia Geller Rudman and Robbins announced that a class action has been commenced on behalf of an institutional investor in the United States District Court for the Southern District of New York on behalf of U.S. citizens who purchased the publicly traded stock of EADS.


See also

European defence procurement refers to the collective armaments purchasing polices of European nations. ...

References

  1. ^ Rothman, Andrea; Landberg, Reed. "Europe Defense Firms Feel Pressure to Unite", The Seattle Times, 1997-06-15. Retrieved on 2007-09-12. 
  2. ^ "Business: The Company File: Defence merger on the radar", BBC News, BBC, 1998-07-10. Retrieved on 2007-09-15. 
  3. ^ Jones, Adam. "Europe cries foul as New BAe emerges", The Times, Times Newspapers, 1999-01-20. Retrieved on 2007-09-12. 
  4. ^ Sparaco, Pierre; Morrocco, John D.. "French Government Grapples With Aerospace Strategy", Aviation Week and Space Technology, The McGraw-Hill Companies, 1997-06-30. Retrieved on 2007-09-12. 
  5. ^ Gray, Bernard; Skapinker, Michael. "Giant waiting in the wings: Bernard Gray and Michael Skapinker ask if Europe's defence industry can consolidate in time to challenge US dominance", Financial Times, 1997-06-24. Retrieved on 2007-09-12. 
  6. ^ "BAe and Dasa discuss proposals for merger: Aerospace groups still have 'important issues to resolve'", Financial Times, 1998-07-24, p. 1. Retrieved on 2007-09-12. 
  7. ^ a b Spiegel, Peter. "The largest aerospace companies gather next week for the Farnborough air show but the event will be without its long-time unofficial host", Financial Times, 2004-07-17, p. 11. Retrieved on 2007-01-24. 
  8. ^ BAE Systems Annual Report 1999 22. BAE Systems plc (2000). Retrieved on 2006-10-27.
  9. ^ Turpin, Andrew. "BAE Eyes US Targets After Profit Rockets", The Scotsman, The Scotsman Publications, 2000-03-04, p. 26. Retrieved on 2007-09-07. 
  10. ^ White, David; Nicoll, Alexander. "DaimlerChrysler wins fight for Spain's Casa: Deal boosts aerospace industry consolidation in Europe", Financial Times, 1999-06-12. Retrieved on 2007-10-23. 
  11. ^ Nicoll, Alexander; Skapiner, Michael. "Flying in formation: The merger of DaimlerChrysler Aerospace and Aérospatiale-Matra may pave the way for a larger European grouping or the first transatlantic defence tie-up, argue Alexander Nicoll and Michael Skapinker", Financial Times, 1999-10-15. Retrieved on 2007-10-23. 
  12. ^ History of EADS
  13. ^ BAE Systems plc (2001-07-12). "EADS and BAE SYSTEMS complete Airbus integration - Airbus SAS formally established". Press release. Retrieved on 2007-10-04.
  14. ^ Sparaco, Pierre. "Climate Conducive For Airbus Consolidation", Aviation Week & Space Technology, 2001-03-19. Retrieved on 2007-10-04. 
  15. ^ "EADS, BAE and Finmeccanica Complete MBDA Merger", Defense Daily International, 2001-12-21. Retrieved on 2007-10-04. "the new MBDA, the world's second largest missile manufacturer behind Raytheon" 
  16. ^ Odell, Mark. "BAE agrees new deal for Astrium", Financial Times, 2003-02-01, p. 15. Retrieved on 2007-01-23. 
  17. ^ Spiegel, Peter. "BAE denies Airbus sale plans", Financial Times, 2005-09-07. Retrieved on 2007-09-07. 
  18. ^ "BAE confirms possible Airbus sale", BBC News, 2006-04-07. Retrieved on 2006-08-12. 
  19. ^ Gow, David. "BAE under pressure to hold Airbus stake", The Guardian, Guardian Newspapers, 2006-07-03. Retrieved on 2006-07-03. 
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  21. ^ Dept for Communities & Local Govt: Award of state of the art IT contract to improve fire service delivery 07 Mar 07, (accessed 09 Mar 07)
  22. ^ Northrop-EADS beats Boeing to build U.S. tanker. Retrieved on 2008-03-01.
  23. ^ EADS N.V. - Executive Committee
  24. ^ a b EADS N.V. - Board of Directors - Role and Composition
  25. ^ a b EADS Shareholding Structure
  26. ^ John, Isaac. "Dubai Int'l Capital buys 3.12pc stake in EADS", Khaleej Times Online, 2007-07-06.
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  28. ^ DaimlerChrysler And Lagardere Cut Stake In EADS
  29. ^ "Airbus plays catch-up with A350 jet." Phillips, D. International Herald Tribune. April 11, 2006.
  30. ^ "EADS shares up on Vneshtorgbank reports." Yahoo News. August 30, 2006.
  31. ^ The exclusion of EADS from the investment universe of the Government Pension Fund – Global has been reviewed
  32. ^ Jailed Yengeni shows no remorse
  33. ^ Top ANC official resigns
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Year 2007 (MMVII) was a common year starting on Monday of the Gregorian calendar in the 21st century. ... is the 255th day of the year (256th in leap years) in the Gregorian calendar. ... For the band, see 1997 (band). ... is the 181st day of the year (182nd in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) was a common year starting on Monday of the Gregorian calendar in the 21st century. ... is the 255th day of the year (256th in leap years) in the Gregorian calendar. ... For the band, see 1997 (band). ... is the 175th day of the year (176th in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) was a common year starting on Monday of the Gregorian calendar in the 21st century. ... is the 255th day of the year (256th in leap years) in the Gregorian calendar. ... Year 1998 (MCMXCVIII) was a common year starting on Thursday (link will display full 1998 Gregorian calendar). ... is the 205th day of the year (206th in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) was a common year starting on Monday of the Gregorian calendar in the 21st century. ... is the 255th day of the year (256th in leap years) in the Gregorian calendar. ... Year 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ... is the 198th day of the year (199th in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) was a common year starting on Monday of the Gregorian calendar in the 21st century. ... is the 24th day of the year in the Gregorian calendar. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... is the 300th day of the year (301st in leap years) in the Gregorian calendar. ... Year 2000 (MM) was a leap year starting on Saturday. ... is the 63rd day of the year (64th in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) was a common year starting on Monday of the Gregorian calendar in the 21st century. ... is the 250th day of the year (251st in leap years) in the Gregorian calendar. ... Events of 2008: (EMILY) Me Lesley and MIley are going to China! This article is about the year. ... is the 163rd day of the year (164th in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) was a common year starting on Monday of the Gregorian calendar in the 21st century. ... is the 296th day of the year (297th in leap years) in the Gregorian calendar. ... Events of 2008: (EMILY) Me Lesley and MIley are going to China! This article is about the year. ... is the 288th day of the year (289th in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) was a common year starting on Monday of the Gregorian calendar in the 21st century. ... is the 296th day of the year (297th in leap years) in the Gregorian calendar. ... This article is about the year. ... is the 193rd day of the year (194th in leap years) in the Gregorian calendar. ... For information on Wikipedia press releases, see Wikipedia:Press releases. ... Year 2007 (MMVII) was a common year starting on Monday of the Gregorian calendar in the 21st century. ... is the 277th day of the year (278th in leap years) in the Gregorian calendar. ... This article is about the year. ... is the 78th day of the year (79th in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) was a common year starting on Monday of the Gregorian calendar in the 21st century. ... is the 277th day of the year (278th in leap years) in the Gregorian calendar. ... This article is about the year. ... is the 355th day of the year (356th in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) was a common year starting on Monday of the Gregorian calendar in the 21st century. ... is the 277th day of the year (278th in leap years) in the Gregorian calendar. ... Year 2003 (MMIII) was a common year starting on Wednesday of the Gregorian calendar. ... is the 32nd day of the year in the Gregorian calendar. ... Year 2007 (MMVII) was a common year starting on Monday of the Gregorian calendar in the 21st century. ... is the 23rd day of the year in the Gregorian calendar. ... Year 2005 (MMV) was a common year starting on Saturday (link displays full calendar) of the Gregorian calendar. ... is the 250th day of the year (251st in leap years) in the Gregorian calendar. ... Year 2007 (MMVII) was a common year starting on Monday of the Gregorian calendar in the 21st century. ... is the 250th day of the year (251st in leap years) in the Gregorian calendar. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... April 7 is the 97th day of the year in the Gregorian calendar (98th in leap years). ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... is the 224th day of the year (225th in leap years) in the Gregorian calendar. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... is the 184th day of the year (185th in leap years) in the Gregorian calendar. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... is the 184th day of the year (185th in leap years) in the Gregorian calendar. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... is the 286th day of the year (287th in leap years) in the Gregorian calendar. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... is the 286th day of the year (287th in leap years) in the Gregorian calendar. ... 2008 (MMVIII) is the current year, a leap year that started on Tuesday of the Anno Domini (or common era), in accordance with the Gregorian calendar. ... is the 60th day of the year (61st in leap years) in the Gregorian calendar. ... To meet Wikipedias quality standards, this article may require cleanup. ... Year 2007 (MMVII) was a common year starting on Monday of the Gregorian calendar in the 21st century. ... is the 187th day of the year (188th in leap years) in the Gregorian calendar. ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... For other uses, see 5th October (Serbia). ... Year 2006 (MMVI) was a common year starting on Sunday of the Gregorian calendar. ... is the 288th day of the year (289th in leap years) in the Gregorian calendar. ... 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External links

  • Corporate website
  • EADS North America
  • Yahoo! — European Aeronautic Defence and Space Company EADS N.V. Company Profile
  • Russian capital acquires large stake in EADS
  • U.S.-Europe Team Beats Out Boeing on Big Contract 1 March 2008, NY Times
Aviation encompasses all the activities relating to airborne devices created by human ingenuity, generally known as aircraft. ... This is a timeline of aviation history. ... This list of aircraft is sorted alphabetically, beginning with the name of the manufacturer (or, in certain cases, designer). ... This is a list of aircraft manufacturers (in alphabetic order). ... List of aircraft engines: // Two- and four-stroke rotary, radial, inline. ... This is a list of aircraft engine manufacturers both past and present. ... This is a list of airlines in operation (by continents and country). ... This is a list of air forces, sorted alphabetically by country, followed by a list of former countries air forces. ... This is an incomplete list of aircraft weapons, past and present. ... Below is a list of (links to pages on) missiles, sorted alphabetically by name. ... A Boeing 720 being flown under remote control as part of NASAs Controlled Impact Demonstration The following is a list of Unmanned aerial vehicles developed and operated by various countries around the world. ... This is a list of experimental aircraft. ... The SR-71 Blackbird is the current record holder. ... Flight distance records without refueling. ... These are the records set for going the highest in the atmosphere from the age of ballooning onward. ... The flight endurance record is the amount of time spent in the air. ... Aircraft with a production run greater than 5,000 aircraft. ...

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