Defense Company’s Cuts to Affect French Employment

Earlier this month, the European Aeronautic Defense and Space Company (EADS) unveiled plans to cut 5,800 jobs in several European countries – Germany, France, England and Spain. The cuts come just one year after a merger of EADS and BAE Systems, a British defense company, fell through due to opposition in Germany. At a time […]

EADS to Become Airbus Group

The European Aeronautic Defense and Space Company, the global leader in aerospace defense and related services, will now be hailed as the Airbus Group. The parent group of airplane manufacturer Airbus will utilize the ‘Airbus’ brand, as it divides the newly formed group into three divisions – commercial aircraft, defense and space, and helicopters. In […]