Hints and tips:
...Robert Thomson, partner at consultancy Roland Berger, points out there may be merit in having a more balanced portfolio between defence and aerospace given the higher growth in civil markets....
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...In 2008, Boeing protested against the award of work on the US air force’s air tanker to a consortium of Europe’s EADS — now called Airbus — and Northrop Grumman....
...Boeing’s best chance of rescuing its position may be to challenge the award — a tactic that won it work on the US Air Force’s $35bn air tanker project after it was awarded to a consortium of Europe’s EADS...
...A new competition led to the programme’s award in 2008 to a consortium of Europe’s EADS, now renamed Airbus, and Northrop Grumman....
...“Expectations for A350 dilution had been cautious heading into the event, so this is rightly seen as a positive surprise,” Robert Stallard, analyst at RBC Capital, said in a note....
...Mr Woodford helped block the merger of BAE Systems, the UK defence company, and EADS, the European aerospace group....
...Qinetiq sold the Zephyr programme last year to Astrium, a division of EADS....
...The market is a duopoly comprised of the US’s Sikorsky, a subsidiary of United Technologies, and Eurocopter, part of Europe’s EADS....
...Robert Stallard, an analyst at RBC, said t he difficult discussions with Saudi Arabia “could potentially prove the more worrying piece of news”....
...Hopes were also raised among BAE’s partners in Eurofighter – Franco-German EADS and Finmeccanica of Italy – that a deal was imminent....
...South Korea is expected to make a final decision next Tuesday, and could still choose to reject all of the three bids it has received – including one from Eurofighter Typhoon, which is made by BAE Systems, EADS...
...The move underlines the quasi-public character of BAE Systems, played down by the government and management during abortive merger talks with EADS last year....
...Robert Stallard, analyst for Royal Bank of Canada, says the worst is yet to come....
...In March, Tom Enders, chief executive of EADS, Airbus’s parent, said Airbus and Boeing had got “carried away” in the past after trying to introduce new technologies that turned out to be not “as mature as...
...Talks on the issue are set to ensue between EADS and the socialist government....
...Robert Stallard, analyst at RBC Capital Markets, said the importance of the JAL deal with Airbus could also be that it opens up Japan to orders for the European group’s A380 superjumbo....
...It was the fifth North Sea accident involving a Super Puma helicopter – made by Eurocopter, part of the EADS group – since February 2009....
...Mr Enders was making his first appearance in the US since EADS last October abandoned a bid for BAE Systems, the UK defence and aerospace group....
...Robert Stallard, analyst at Royal Bank of Canada, said the potential earnings hit was bigger than expected and that the delay in the Saudi deal had slowed the pace of BAE’s share buy-back programme....
...Visiting New York during the 787 grounding, Tom Enders, chief executive of EADS, Airbus’s parent, said the industry had previously sometimes rushed immature technologies into production....
...Tom Enders, chief executive of Europe’s EADS, parent of Airbus, Boeing’s main commercial jet rival, last week said aircraft makers had pushed ahead too hard with some new technologies....
...Robert Stallard, analyst at Royal Bank of Scotland, said: “We think investors could be expecting positive catalysts at the Paris Air Show, including new orders and a conclusion of the Salam negotiations....
...Private equity is represented by Henry Kravis, co-founder of New York-based Kohlberg Kravis Roberts, royalty by Princess Beatrix of the Netherlands....
...A consortium of BAE Systems, EADS and Finmeccanica also bid to supply its Eurofighter Typhoon for the Korean contract....
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