New Military Bill Envisions “compact” yet “powerful” Armed Forces

Even in the face of continued economic stagnation, France will remain steady with the budget for the military. Jean-Yves Le Drian, the French Defense Minister, presented the military bill on Friday in a French cabinet meeting, which will cover 2014 through 2019. The extensive bill was marked with six primary priorities, which reflect the country’s […]

Airbus Makes Historic Deal with Lion Air

The “contract of the century” has been made, Productive Recovery Minister Arnaud Montebourg proclaimed on Monday, March 18. Airbus signed an unprecedented contract with Indonesian Lion Air. President Hollande noted, “The contract is historic in its breadth — 234 planes and 18 billions of euros — and notable also for the relationship between a large […]

The World’s Largest Aerospace and Defense Group : Next Time ….

Boeing no longer has to worry, the project of EADS and BAE to merge into the largest  aerospace and defense group to date was aborted last Wednesday. The companies did not press the British Takeover Panel — in charge of the regulation and supervision of takeovers — on their desire to prorogue the deadline fixed by […]

EADS and BAE: A Fusion Endangered by French Policy?

EADS – Europe’s biggest civil aerospace manufacturer – and BAE – a British weapons manufacturer – are negotiating a €38 billion merger deal to compete with American company Boeing and create a leading company in aerospace and defence. EADS is the parent company to Airbus. The French are unwilling to lower their stake in the […]