Subscribe to our free daily newsletters
. Military Space News .

Subscribe to our free daily newsletters

EADS Reorganises Defence And Security Division

by Staff Writers
Frankfurt, Belgium (AFP) Feb 07, 2006
The European Aeronautics, Defence and Space Company (EADS) is to reorganise its defence and security division with the aim of boosting profitability and sales, a company spokesman said Tuesday.

Confirming a corresponding report in the Financial Times Deutschland, the spokesman said EADS would cut the number of subsidiaries within the division from five to three.

The services activities, hitherto pooled into a separate business unit, would be divided up between the three main units, Military Air Systems, Defence and Communications Systems, and Defence Electronics.

And the missiles activities would be integrated into MBDA, a joint venture between EADS, British firm BAE Systems and Finmeccanica of Italy.

In Germany, EADS would relocate close to 2,500 employees in the Military Air Systems unit from their current base in Ottobrunn close to Munich to Manching, about 80 kilometres away. The defence and security division currently accounts for around a quarter of group sales, but division head Stefan Zoller hopes to increase that proportion to 30 percent within five years.

Source: Agence France-Presse

Related Links

Russia Hopes To Grab 10 Billion Dollars From Indian Defence Deals
New Delhi (AFP) Feb 02, 2006
Russia, India's biggest military hardware supplier, said Thursday it hoped to corner 10 billion dollars worth of defence contracts from New Delhi, one of its close allies.

  • China Protests US Military Report
  • Rumsfeld Defends US Military Readiness
  • Pentagon Report Singles Out China As Potential Military Rival
  • Pentagon Asks For 439.3Bn Dollar Budget

  • Americans Believe Iran Is Biggest Threat To US
  • Putin Believes IAEA Move On Iran 'Balanced'
  • Zhaoxing Says Diplomacy Still Best Solution In Iran Nuke Dispute
  • Iran Leader Calls For Nuclear Demo

  • India Says Latest Nuclear Missile Ready For Launch
  • Iran Secretly Tests New Surface-To-Surface Missile
  • Raytheon-Led Team Tests AIM-9X Missile
  • Lockheed Martin Announces Team For Advanced Precision Kill Weapon System II

  • Lockheed Martin Delivers Pac-3 Stockpile Reliability Test Missiles
  • Northrop Grumman Receives $225M Contract For ICBM Propulsion Replacement Program
  • Bush Silent On BMD Success
  • Russia To Build New, Anti-Missile Warning System

  • Lockheed Martin Highlights 5th Gen Fighters And Next Gen Airlift
  • Air Force Announces Quadrennial Defense Review And Budget Highlights
  • Space Transformation Prepares For Air Force Future
  • Production Starts On STOVL F-35 Joint Strike Fighter

  • Philippines To Purchase Unmanned Spy Planes
  • Global Hawk Earns Military Airworthiness Certification
  • USAF Orders Five Predator UAVs
  • Two Production RQ-4A Global Hawks Deploy In Global War On Terrorism

  • An Accord On Iraq
  • Insurgents Target Iraqis Over US Troops
  • Outside View: Iraq, Terror War Shocks
  • Iraqi IEDs As Deadly As Ever

  • Infantry Weapon Will Help Deliver A More Precise Capability
  • Force Protection Receives Contract For Specialty Armored Vehicles
  • LockMart Selects Production Site For Advanced Precision Kill Weapon System
  • Northrop Grumman Selects VMETRO For ALMDS Central Electronics Chassis

  • The content herein, unless otherwise known to be public domain, are Copyright 1995-2006 - SpaceDaily.AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA PortalReports are copyright European Space Agency. All NASA sourced material is public domain. Additionalcopyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by SpaceDaily on any Web page published or hosted by SpaceDaily. Privacy Statement