EADS (European Aeronautic Defence and Space Company), first aeronautical, space and defence group in Europe. It was born in 2000 by joining the German company DASA, the Spanish CASA and Matra-aerospatiale. EADS is world number 2 manufacturer of military helicopters, number 2 in missiles (via company MBDA recently created), number 3 in military transport aircraft, number 4 in military aircrafts (thanks to its participation, to a total value of 43%, in the Eurofighter program, and, for 46,5%, in the capital of Dassault).
EADS is among the companies that hire students on practical training (sometimes paid 300 euros/month, sometimes not paid at all) in substitution of experienced professionals.
In the recent scandal of the 'Clearstream Affair', Jean-Louis Gergorin -vicepresident of the company- quit due to its presumed involvement in it. Read related note in French, or in English.
Visit the Company's website here.
HOMERELATED NEWS
BERLIN HESITATES INVESTING IN EADS, BUT WHY?
Germany does not seem to be too confident in EADS. Read note in French,or in English.
Added 13/Oct/06
ROLLS ROYCE TOO ORGANIZED FOR AIRBUS.
Rolls Royce suspends manufacturing of A380 jet engine following aircraft delivery delays. Read note in English.
Added 9/Oct/06
GREAT AIRPLANE, GREAT SAVOIR-FAIRE, LOUSY ORGANIZATION.
With Rolls Royce stopping the production of A380 engines for a year, and company chiefs resigning, Airbus and EADS seem to be sunk up to the neck in deep shit. Read note in English.
Added 9/Oct/06
EADS IS NOT DOING OK AT ALL Arnaud Lagardere, copresident of the board of directors of EADS, acknowledges that the Franco-German group undergoes a “major crisis”. Read note in French, or in English. Added 15/Jun/06
DIRTY BUSINESS LEADS TO DIRTY HANDS, AND WE ARE NOT TALKING ABOUT DIRTY HARRY EADS's ex-number two is having problems with the law regarding the Clearstream affair. Read note in French, or in English. Added 30/May/06
Sogerma, a company part of EADS will stop operations in one of their maintenance installations. Around 1,100 employees might loose their job. Sogerma will cease operations since the government canceled contracts with them. The government says it is surprised by the excuses given by Sogerma to shut their doors, seeming to forget that their are guilty of the shutdown. Read note in French, or in English. Added 24/May/06