EADS

July 15, 2008 - 10:24am

The National Research Council of Canada signed a five-year memorandum of understanding (MoU) with EADS last month to cooperate on aerospace research and technology development.

July 15, 2008 - 9:03am

Russian titanium manufacturer VSMPO-AVISMA (Hall 3 Stand B30) has signed a framework agreement covering the supply of titanium products to Airbus and other EADS divisions that could be worth as much as $4 billion through 2020.

July 13, 2008 - 8:07am

The U.S. KC-X tanker win in February was a major breakthrough for EADS (as part of the Northrop Grumman team), which has established operations in Mobile, Alabama, already and started to relocate A330 freighter activity there, too. But the champagne corks are back in after the U.S. GAO in June upheld seven points in Boeing’s protest at the U.S. Air Force procurement.

July 13, 2008 - 8:05am

EADS is going global, but not leaving its European roots behind. That message from the company’s management team reverberated this week as it forges ahead with restructuring efforts in a difficult economic climate.

July 12, 2008 - 7:45am

Leaders of Europe’s aerospace industry met with the president of the European Central Bank (ECB) at its Frankfurt headquarters on July 10 to express their “deep concern regarding the impact on their industry of the rapid and extreme fluctuation of the U.S. dollar compared to the euro,” according to the AeroSpace and Defense Industries Association of Europe (ASD).

July 12, 2008 - 6:05am

Leaders of Europe’s aerospace industry met with the president of the European Central Bank (ECB) at its Frankfurt headquarters on July 10 to express their “deep concern regarding the impact on their industry of the rapid and extreme fluctuation of the U.S. dollar compared to the euro,” according to the AeroSpace and Defense Industries Association of Europe (ASD).

July 7, 2008 - 6:53am

EADS Socata, the France-based manufacturer of the TBM 850 turboprop, last month denied the content of a June 1 story in the India Times, which reported that UB Group’s Vijay Mallya was ready to invest $200 million in the development of a jet. “We did talk to Mallya, but it was about relaunching our line of piston singles,” a spokesman said, adding that the company has made no progress recently in the search for partners in business aircraft.

July 7, 2008 - 5:48am

Italy’s Finmeccanica agreed to acquire U.S. defense electronics group DRS Technologies a month before the U.S. Government Accountability Office announced its decision supporting Boeing’s appeal against the award of the KC-X military tanker contract to EADS/Northrop Grumman. It is questionable whether the GAO’s decision signals a wider U.S. intent to block foreign encroachment on the U.S. defense market.

July 3, 2008 - 5:13am

The June 5 signing of a contract for work on Airbus A320 cargo conversion program appears to have restored Russia’s position as a full partner in Europe’s EADS group. The pact could signify repair of relations damaged in 2006 when the German and Russian governments disputed the position of Russian shareholders in EADS.

July 3, 2008 - 5:11am

Boeing and Airbus are still looking for the right balance in outsourcing, or at least for the right way to run the massively outsourced production organizations on which they base their latest airliner programs.

 
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