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News Link • Military Industrial Complex
BAE-EADS merger talks collapse
The proposed merger of Europe’s biggest defense and aerospace
contractors collapsed Wednesday after European political leaders failed
to agree on terms.
The combination of London-based BAE Systems and Paris-based
European Aeronautic Defence and Space would have created a colossus to
rival U.S. giants Lockheed Martin and Boeing, as well as concerns at the
Pentagon about such a huge foreign-owned contractor.
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Tags: proposed, merger, europe’s, biggest, defense, aerospace, contractors, collapsed, european, political, leaders, failed, combination, london, systems, european, aeronautic, defence
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