White Paper Reaffirms Defense Role, Cuts Budget

On Monday, April 29, more than four months after its expected release date, the French White Paper on Defense and National Security was released to President François Hollande. The document should have been released at the end of 2012, following a committee meeting and national debate. However, disturbed by a lack of political composition and […]

EADS Restructured, Balance between France and Germany Intact

European Aeronautic Defense and Space Company (EADS) unveiled a restructuring of its company, a change so huge that it is being called a “new birth.”  Upon the withdrawal of French conglomerate Ladagère and German automaker Daimler, France and Germany plan to restructure their shareholding in order to maintain equal ownership positions in the company. Under […]