Study: Small planes financially obsolete Mar 21, 2008
Embraer, or Empresa Brasileira de Aeronautica SA, is the world's fourth-largest commercial aircraft maker, after Boeing Co., Airbus parent European Aeronautic Defence and Space Co., and Canada's Bombardier Inc. Its jets are used by JetBlue Airways Corp., ACE Aviation Holdings Inc.'s Air Canada, and some U.S. regional airlines. The report also noted that a large backlog and delays in the introduction of Boeing's new 787 are creating a strong market for the Airbus A350. (Yahoo News)
Boeing: Air Force tilted the playing field Mar 19, 2008
WASHINGTON - Boeing Co. said Air Force officials tilted the playing field in a $35 billion tanker contract competition toward Northrop Grumman Corp. and European Aeronautic Defence and Space Co.. In a formal protest of the contract made public on Tuesday, Boeing said the Air Force repeatedly made fundamental but often unstated changes to the bid requirements and evaluation process to keep the Northrop Grumman/EADS proposal alive. (MSNBC -- Business)
McCain advisers lobbied for Airbus Mar 15, 2008
Tom Loeffler, lobbied for the European Aeronautic Defence and Space Co. while serving as McCain's national finance chairman. EADS is the parent company of Airbus, which teamed up with U.S.-based Northrop Grumman Corp. to win the lucrative aerial refueling contract on Feb. 29. (MSNBC -- Politics)
Boeing hit with plenty of bad news in February Mar 9, 2008
Stockholders are still smarting from February's finale: the Air Force awarded Northrop Grumman Corp. and European Aeronautic Defence and Space Co., the maker of Airbus planes, a $35 billion contract to build new airborne refueling planes. The selection surprised industry analysts and dropped jaws in Congress and statehouses, where constituents were counting on plane-building jobs. (Colorado Springs Gazette)
Following Air Force debriefing, Boeing will seriously consider protesting tanker contract Mar 9, 2008
WASHINGTON Boeing Co. said late Friday that it will give serious consideration over the weekend to filing a formal protest of the Air Force's decision to award a $35 billion tanker contract to European Aeronautic Defence and Space Co. and Northrop Grumman Corp.. Following a debriefing by Air Force officials Friday, Boeing said in a statement that reports of it losing the competition by a wide margin are inaccurate. (San Diego Union-Tribune -- Business)
Boeing: Uncertainty About Process Remains After Air Force Tanker Debrief Mar 8, 2008
ST. LOUIS, March 7 /PRNewswire-FirstCall/ -- The U.S. Air Force has completed a debriefing for The Boeing Company (NYSE: ) during which acquisition officials sought to explain why they selected a team of Northrop Grumman and the European Aeronautic Defence and Space Company (EADS) for a contract to replace aerial refueling tankers. The debriefing on Friday came one week after the Air Force's surprising announcement that it had chosen the Northrop-EADS team over the Boeing KC-767 tanker offering. (PR Newswire)
PETA files animal-abuse complaint against Covidien Mar 8, 2008
to consider filing protest of Air Force pact Boeing Co. said it will give "serious consideration" over the weekend to filing a formal protest of the Air Force's decision to award a $35 billion tanker contract to European Aeronautic Defence and Space Co. and Following a debriefing by Air Force officials, Boeing said reports of it losing the competition by a wide margin are inaccurate. Mark McGraw, a Boeing vice president and program manager of the aerial refueling tanker program, also said... (Boston Globe)
Stocks end narrowly mixed after readings on manufacturing, construction; commodities spike Mar 8, 2008
European Aeronautic Defence and Space Co., which makes Airbus planes, and Northrop Grumman, were named Friday as winners of one of the biggest Pentagon contracts in decades. Boeing fell 2. (Somerset Daily American, PA)
Op-Ed / Richard Mays: Committing national suicide? Mar 7, 2008
As if this weren t bad enough, on Monday the Pentagon announced that it had decided to award a contract for the construction of a fleet of airborne tankers for the U.S. Air Force to the European Aeronautic Defence and Space Co. (the French-based parent corporation for the European airplane manufacturer, Airbus). This contract is potentially worth 100 billion over a 30-year period. (Heber Springs Sun-Times, AR)
Congress, Boeing riled by huge defense contract for foreign firm Mar 7, 2008
Clearly, in giving the contract last week to a partnership of Northrop Grumman Corp. and European Aeronautic Defence and Space Co. (EADS), a French concern that owns Airbus, the Air Force surprised many. Boeing had been favored to win it, triggering suggestions that the service changed the rules midway through the process or simply made the wrong call. (Christian Science Monitor -- USA)
Boeing insists its tanker proposal better value, less risky than Northrop-EADS' Mar 6, 2008
Jim Albaugh, top executive of Boeing's Integrated Defense Systems, said the company will press its case at a Friday debriefing with Air Force officials who gave the high-profile contract to Northrop Grumman Corp. and European Aeronautic Defence and Space Co., the parent company to Airbus. The decision to award the contract, at least in part, to a company overseas has led to calls for an examination of the deal in Congress. (San Diego Union-Tribune -- Business)
Gates Stands by Award to European Firm Mar 6, 2008
Air Force Secretary Michael Wynne told the Senate Armed Services Committee that the plane by European Aeronautic Defence and Space Co. and its U.S. partner, Northrop Grumman Corp., was "clearly a better performer" than the one from Chicago-based Boeing Co. ... European Aeronautic Defence and Space Co.. (San Francisco Chronicle -- Science)
Francona: Buying French tanks a poor decision Mar 5, 2008
While Northrop Grumman is an American corporation, it is actually the American partner of European Aeronautic Defence and Space Co. (EADS), the parent company of Airbus. If the deal stands, the U.S. Air Force refueling fleet will take to the skies beginning in 2013 in a European-designed and built tanker based on the Airbus A330 airliner. (MSNBC -- Terrorism)
Air Force May Brief Boeing This Week Mar 5, 2008
The Air Force could brief Boeing as soon as Thursday on why it awarded a $35 billion aerial refueling tanker contract to rival European Aeronautic Defence and Space Co. and its partner, Northrop Grumman Corp.. Sen. (Q13.com, WA)
Air Force to defend tanker contract Mar 5, 2008
30-day news archives. ""How, while we are at war across the globe, can we justify putting a contract involving military security into the hands of a foreign government. (Florida Today)
Air Force may meet with Boeing this week Mar 5, 2008
The Air Force could explain to Boeing Co. as soon as Thursday why it awarded a $35 billion aerial refueling tanker contract to rival European Aeronautic Defence and Space Co. and its partner, Northrop Grumman Corp., two lawmakers from Washington State said late Tuesday. Sen. (BusinessWeek)
Stocks end narrowly mixed after readings on manufacturing, construction; commodities spike Mar 4, 2008
European Aeronautic Defence and Space Co., which makes Airbus planes, and Northrop Grumman, were named Friday as winners of one of the biggest Pentagon contracts in decades. Boeing fell 2. (Somerset Daily American, PA)
McCain looks to lock up nomination Mar 4, 2008
The European Aeronautic Defence and Space Co. and its U.S. partner, Los Angeles-based Northrop Grumman, won a new competition with Boeing on Friday to build the refueling planes in one of the biggest Pentagon contracts in decades. "I will be interested to learn how the Air Force came to its contract award decision here and whether it fairly applied its own rules in arriving at that decision," McCain said. (AZCentral -- News)
EADS shares surge after Boeing victory Mar 4, 2008
European Aeronautic Defence and Space Co. and its U.S. partner, Los Angeles-based Northrop Grumman, won the contract to build military refueling planes Friday, one of the biggest Pentagon contracts in decades. Shares of EADS rose 9. (San Diego Union-Tribune)
US anger over EADS contract Mar 4, 2008
Members of the US congress have demanded an explanation for the US air force's decision to award a $35bn deal to the European Aeronautic Defence and Space Company (EADS), the company behind Airbus aircraft. Several US legislators say the decision takes jobs away from US citizens and raises questions about national security. (Aljazeera.Net)
Boeing licking its wounds after rough month Mar 4, 2008
Stockholders are still smarting from February's finale: On Friday, the Air Force awarded Northrop Grumman Corp. and European Aeronautic Defence and Space Co., the maker of Airbus planes, a $35 billion contract to build airborne refueling planes. The selection surprised industry analysts and dropped jaws in Congress and statehouses, where constituents were counting on plane-building jobs. (MSNBC -- Business)
EADS rejoices at huge US Air Force contract award Mar 2, 2008
PARIS (AP): European Aeronautic Defence and Space Co. on Saturday hailed its victory over arch-rival Boeing to secure a multibillion-dollar U.S. military contract and bounce back from setbacks that led to major company restructuring. EADS, the maker of Airbus planes, and its U.S. partner, Los Angeles-based Northrop Grumman, won one of the biggest Pentagon contracts in decades Friday, worth an estimated US$40 billion (euro26 billion), to build 179 midair refueling planes. (The Star Online, Malaysia)
Contract winners say the best won Mar 2, 2008
"During the contract announcement Friday at the Pentagon, Air Force officials hinted at a new global playing field of big international companies for American defense contracting."With the consolidation of our industrial base over the last several decades, there are no underdogs out there," said Sue Payton, the Air Force's assistant secretary of acquisition.Now, Los Angeles-based Northrop Grumman and European partner EADS will be the incumbent when future tanker contracts come up for competition... (Florida Today)
Northrop lands tanker contract Mar 1, 2008
30-day news archives. ""By selecting the most capable and modern aircraft, the Air Force has embraced a system that provides a best-value solution to our Armed Forces and our nation," Gary Ervin, president of Northrop Grumman's Integrated Systems sector, which includes the Melbourne plant, said in a statement.Boeing built the Air Force's current aging Eisenhower-era tanker planes. Boeing also had won a previous tanker plane contract that was taken away in 2004 because of a conflict-of-interest... (Florida Today)
Air Force deal lands in Alabama Mar 1, 2008
The Air Force announced Friday it had picked Northrop Grumman and its Paris-based partner, European Aeronautic Defence and Space Co., to build 179 refueling tankers at a site at Mobile, creating an estimated 2,000 jobs and putting the city on the aeronautics industry's world map. The contract is worth 30 billion to 40 billion over 10 to 15 years and could be even more lucrative - it is the first of three deals to replace the Air Force's entire fleet of nearly 600 tankers. (Alexander City Outlook, AL)
West Virginia Medal of Honor Recipient Dismayed at Pentagon's Decision to Buy French Air Tankers Mar 1, 2008
"So I am even more dismayed that the Pentagon has chosen a foreign company to make military planes over a good American company." The Pentagon announced today that it has chosen a bid from Northrop Grumman and the European Aeronautic Defence and Space Company, which is based in France, instead of the KC-767 Advanced Tanker from Boeing, which is based in Chicago. A contract with Boeing would have supported more than 44,000 U.S. jobs with 300 suppliers in more than 40 states. (PR Newswire)
Machinists Union Blasts Tanker Decision Mar 1, 2008
WASHINGTON, Feb. 29 /PRNewswire-USNewswire/ -- The International Association of Machinists and Aerospace Workers (IAM) today expressed outrage over the decision to award a $40 billion aerial refueling tanker contract to a team led by the European Aeronautic Defence and Space Co. (EADS), parent company of Airbus. "Today's decision is a serious blow to a key American industry," said IAM General Vice President Rich Michalski. (PR Newswire)
Airbus Beats Boeing To Tanker Contract Mar 1, 2008
The selection of Los Angeles-based Northrop Grumman and European Aeronautic Defence and Space Co. comes as a surprise to Wall Street and major blow to Boeing Co.. Chicago-based Boeing has been supplying refueling tankers to the Air Force for nearly 50 years and had been expected to win the deal. (Q13.com, WA)
$40B military contract means 2,000 Alabama jobs Mar 1, 2008
Alabama's port city got its second major industrial victory yesterday when the Air Force announced it had picked Northrop Grumman and its Paris-based partner, European Aeronautic Defence and Space Co. (EADS), to build 179 refueling tankers at a site at Mobile. Northrop Grumman's decision to build those aircraft in Mobile is expected to create an estimated 2,000 jobs and put the city on the aeronautics industry's world map. (Andalusia Star News, AL)
Air tanker deal provokes US row Mar 1, 2008
For Airbus's parent company, the European Aeronautic Defence and Space Company (EADS), it is a long-desired and potentially crucial breakthrough into the US market, our correspondent says. Boeing's KC-767 design had been widely predicted to win. (BBC News -- Europe)
Northrop Grumman, EADS Win Air Force Tanker Contract Mar 1, 2008
The selection of Los Angeles-based Northrop Grumman and European Aeronautic Defence and Space Co. comes as a surprise to Wall Street and major blow to Boeing Co.. Chicago-based Boeing has been supplying refueling tankers to the Air Force for nearly 50 years and had been expected to win the deal. (Fox News)
EADS wins $35bn US defence deal Mar 1, 2008
The US air force has awarded a multi-billion-dollar contract to the European Aeronautic Defence and Space Company (EADS), the maker of Airbus. Northrop Grumman and EADS, a European company, beat Boeing, its American rival, for the contract to build 179 airborne refuelling tankers. (Aljazeera.Net)
Alnylam says gene-blocker cut infection rate 38% Mar 1, 2008
The selection of Northrop Grumman and its European-based partner, European Aeronautic Defence and Space Co., came as a surprise to industry and government officials. The Air Force said the larger size of the Northrop-EADS aircraft tipped the balance in its favor. (Boston Globe)
Rivals vie for $40b air tanker deal Feb 23, 2008
But European Aeronautic Defence and Space Co. and its US partner, , want in on the game. For France-based EADS, the parent of rival Airbus, the contract would be entry to the massive American military market, just as overseas spending cools. (Boston Globe)
Dubai-based Zabeel Investments Enters Strategic Joint Venture With The Light Group Feb 20, 2008
" Since its launch in February 2006, Zabeel Investments has made significant inroads to the high-end commercial real estate development and management sector in the UAE. Its development projects include the soon to be completed Tiara Residence on Palm Jumeirah. The group also has under development, the Tiara United Towers on Sheikh Zayed Road and America Hotels ts in Tatweer's AED 200 billion Bawadi entertainment themed development, both of which mirror the creativity and high-end nature of The... (PR Newswire)
EADS's Gallois Proposes Golden Shares for French, German Owners, WiWo Says Feb 17, 2008
Updated: New York, Feb 17 03:22 London, Feb 17 08:22 Tokyo, Feb 17 17:22. EADS's Gallois Proposes Golden Shares for Owners, WiWo Reports. (Bloomberg -- Germany)
'A380 has hitch with escape slides' Feb 10, 2008
The European Aeronautic Defence and Space Company has been labouring under delays to some of its key projects at Airbus and has begun a major restructuring programme to make up for the costly setbacks. Other stories in this section. (India Times)
Air Force Lets Boeing Profit Reach $8.12/Share Even With Dreamliner Delay Feb 2, 2008
Los Angeles-based Northrop and partner European Aeronautic Defence and Space Co. of Paris and Munich, parent of Airbus SAS, aren't expected to remain silent if their competing KC-30 tanker, which is based on the civilian A330 plane, should lose. Nine of the 10 respondents to the Bloomberg survey said Northrop would protest any Boeing victory. (Bloomberg)
Defence deals dog Sarkozy's India trip Jan 23, 2008
Last month, India cancelled a 600-million-dollar deal to buy 197 military helicopters from the European Aeronautic Defence and Space Company (EADS) unit Eurocopter. The defence ministry has not said publicly why the deal was pulled, but senior defence sources have alleged that Eurocopter used a local go-between, despite an Indian ban on the use of middlemen in such deals. (Economic Times)
Competition vital Jan 19, 2008
Boeing s competition actually is a consortium of an American company, Northrup Grumman, and European Aeronautic Defence and Space, parent of Airbus. That tanker would be based on the Airbus 330 airliner design. (Scranton Times, PA)
Army's new copter aids National Guard Jan 14, 2008
The European Aeronautic Defence and Space Co.. The initial batch of helicopters will be built in Germany but assembled in the United States. (Florida Times-Union)
Daily Briefing Jan 12, 2008
Mobile - European Aeronautic Defence and Space Co. has approved plans to shift production of commercial Airbus aircraft to Mobile, contingent on the company winning a military contract to build aerial refueling tankers for the Air Force, Newhouse News Service reported. Any move to the United States by Airbus, which currently assembles all of its commercial aircraft in Europe, could have a far-reaching impact on the global aerospace industry. (Atlanta Journal-Constitution -- Business)
More fines for aircraft delays Jan 8, 2008
The German government is considering further contractual fines for delivery delays in the A400M military transport aircraft manufactured by European Aeronautic Defence and Space Company. At the moment, to predict costs caused by delays would be purely speculative, a defence ministry spokesperson said yesterday. (Business Report, South Africa)
EADS shares drop on forecast of lower sales Jan 8, 2008
Another worry for European Aeronautic Defence and Space Co. EADS NV, the Deutsche Bank report notes, is the falling U.S. dollar, which reduces the value of the planes sold by Airbus. It's an explosive cocktail of risks confronting traders as they return from year-end vacations, said Pierre Boucheny, an analyst with Kepler Securities in Paris who has a reduce rating on the stock. (Globe and Mail -- Business)
Eurocopter deal leaves France unhappy Dec 22, 2007
Eurocopter deal leaves France unhappy- Hindustan Times. Nilova Roy Chaudhury
EADS chooses European bidders for Airbus plants Dec 20, 2007
EADS or European Aeronautic Defence and Space Co. EADS NV and subsidiary Airbus are in talks on a full selloff of Britain's Filton plant, which makes wings and sub-assemblies, to engineering and automotive parts group GKN.. EADS is in talks on forming joint ventures for the other five sites: Meault and St-Nazaire in France, and Nordenham, Varel and Augsburg in Germany. (Globe and Mail -- Business)
Don't run away from strong euro, WTO boss warns firms Dec 6, 2007
Lamy had been asked about statements this week by the heads of European Aeronautic Defence and Space and rival Dassault Aviation that their companies would have to shift some production to dollar-based zones because of the sharp fall of the US currency against the euro. The companies sell their products in dollars but must meet most costs in euros. (Business Report, South Africa)
Lab will boost Europe's status in space Dec 1, 2007
REUTERS/EADS SPACE Transportation/Handout. CAPE CANAVERAL, Florida (Reuters) - For 25 years, European space pioneers ran their experiments on orbital outposts owned by other nations. (Scientific American)
France, China get together Nov 28, 2007
Executives at Airbus and its corporate parent, European Aeronautic Defence and Space, have warned the dollar's decline posed a serious threat to the company ... European Aeronautic Defence and Space said in March it would give 5 per cent of the work on the A350 to Russian companies as part of a $US4. (Sydney Morning Herald -- Business)
* China, France sign nuclear, airplane deals Nov 27, 2007
Taipei Times - archives. Enter your search terms. (Taipei Times, Taiwan -- World)
Airbus gets order for 160 planes Nov 26, 2007
TOULOUSE (FRANCE): Airbus SAS, the world's largest commercial planemaker, won an order from China for 160 aircraft valued at around 17 billion dollar, cementing a record year. The deal comprises 110 A320s and 50 A330s planes, Louis Gallois, Chief Executive Officer of European Aeronautic, Defence and Space, Airbus's parent company, said after the contracts were signed in Beijing today. (India Times, India)
Airbus announces 160-plane deal in biggest-ever China contract Nov 26, 2007
Secondary Navigation. Mon Nov 26, 3:51 AM ET. (Yahoo News -- Top Stories)
Helicopter is a lemon Nov 21, 2007
The helicopters, built by the American Eurocopter Corp., a North American division of Germany's European Aeronautic Defence and Space Co., or EADS, are designed for use in homeland security and disaster relief. While the Army appears willing to spend millions more to take the highly unusual step of adding air conditioning to the helicopters ordered, some in Congress think it would be wiser to just scrap plans to buy the Lakotas and start over. (Herald Online, SC -- Opinion)
Galileo Satellite Plan of Europe Should Be Scrapped, U.K. Lawmakers Say Nov 13, 2007
European Aeronautic Defence and Space Co. and Alcatel- Lucent SA are together leading the main bid to build and run Galileo. Other companies involved are Thales SA, which makes military electronics in France, Britain's Inmarsat Plc, Spanish satellite operator Hispasat SA and Spanish airport operator Aena. (Bloomberg -- Latin America)
Army says new helicopter overheats, isn't safe to fly on hot days Nov 10, 2007
The Army has received 12 of the Lakotas from American Eurocopter Corp., a North American division of Germany's European Aeronautic Defence and Space Co. Testing on the first six by an independent arm of the Pentagon revealed the problems ... Guy Hicks, a spokesman for European Aeronautic Defence and Space Co., declined to comment directly on the criticism of the aircraft. (Boston Globe)
Columbus-built chopper said to overheat Nov 10, 2007
The Army has received 12 of the Lakotas from American Eurocopter, the North American division of EADS, or European Aeronautic Defence and Space Co., which is one of Europe's largest defense contractors. A spokeswoman for American Eurocopter referred all questions to EADS spokesman Guy Hicks, who declined to comment directly on the overheating issue. (Northeast Mississippi Daily Journal)
EADS suffers yet another delay Nov 6, 2007
Airbus parent European Aeronautic Defence and Space Company (EADS) warned yesterday of a bigger-than-expected charge of up to 1. 4 billion (R13. (Business Report, South Africa)
G7 Ignores The Dollar Oct 20, 2007
The top finance officials and central bankers of the Group of Seven industrial countries issued a long-winded communique late Friday that was mostly notable for omitting any mention of the dollar, which has been plumbing the depths of the currency markets in recent weeks. The G-7 officials did ask China to allow the yuan to appreciate more quickly than its current slow rise. (Forbes -- Markets)
Airbus confirms delivery delay for A400M military transport plane Oct 17, 2007
The European Aeronautic Defence and Space Company acknowledged at the beginning of the year that there were delays on the assembly line of the A400M.. EADS said in its statement Wednesday that the delay to the A400M, a giant four-engine turboprop military transport and tanker, was due to the "slow progression of the development of the engine.". (Yahoo News -- Top Stories)
After Delays, Airbus Superjumbo Jet Lands Oct 16, 2007
A preliminary report by the French Financial Markets Authority pointed to "massive insider trading" at European Aeronautic Defence and Space Company, Airbus' parent company. Attended by about 500 guests, the handover ceremony was, however, much more low-key than the triumphal 2005 ceremony when the A380 was unveiled. (CBS News)
Airbus set to deliver first A380 today Oct 15, 2007
Analysts have questioned whether the A380 would ever make a return for the European Aeronautic Defence and Space Company, which faces cost overruns of e4. 2 billion (R40 billion). (Business Report, South Africa)
Airbus boss bitter at being stigmatised Oct 9, 2007
Airbus chief executive Thomas Enders felt he had been "treated like a criminal and stigmatised" by "unfounded criticism" linked to a probe into insider trading at parent group European Aeronautic Defence and Space Company (EADS), he said in an interview yesterday. The German news weekly, Focus, interviewed Enders about the affair and quoted him as saying he had done nothing wrong. (Business Report, South Africa)
* Ex-French finance minister in trouble over EADS probe Oct 8, 2007
Breton was aware and even approved the purchase by the state-owned bank Caisse des Depots and Consignations (CDC) of European Aeronautic Defence and Space company shares owned by defense and media group Lagardere, Le Monde said, citing a CDC document it has obtained. This purchase happened shortly before EADS subsidiary Airbus announced delays in its flagship A380 aircraft in June last year which led to a sharp fall in the EADS share price, prompting allegations of insider trading. (Taipei Times, Taiwan -- World)
Tanker Troubles Oct 5, 2007
However, these operational disparities pale in comparison to the problems the Air Force may inherit by tying itself to Airbus and its deeply troubled parent company, the European Aeronautic Defence and Space Company ... However, these operational disparities pale in comparison to the problems the Air Force may inherit by tying itself to Airbus and its deeply troubled parent company, the European Aeronautic Defence and Space Company. (Townhall.com)
Trading scandal hits Airbus Oct 4, 2007
Under investigation executives may have known of A380 production delays when they sold shares in European Aeronautic Defence and Space ... THE owner of Airbus, European Aeronautic Defence and Space, has been plunged into a new crisis after the French stockmarket regulator confirmed it had sent a report to Paris prosecutors on insider trading on a "massive" scale ... Under investigation … executives may have known of A380 production delays when they sold shares in European Aeronautic Defence... (Sydney Morning Herald -- Business)
