Why BAE-EADS merger is double trouble for Boeing

Written By Unknown on Friday, 21 September 2012 | 18:54


Sat Sep 22, 2012 12:37am BST

(Reuters) – At an awards rite in April, Boeing Co (BA.N) celebrated 14 “suppliers of a year.” Prominent among them: BAE Systems Plc (BAES.L), a British arms builder now in talks to combine with Boeing’s biggest municipal rival, EADS (EAD.PA), builder of Airbus jets.

“We are beholden to have them as pivotal members of a team,” Boeing CEO Jim McNerney pronounced of a contractors feted during a Field Museum in Chicago.

The intensity pairing of a tip Boeing partner with a fiercest aspirant shows how deeply a understanding could interrupt the

Read full article: http://news.smh.com.au/breaking-news-national/motorists-face-further-petrol-price-pain-20120813-244kk.html


Source:
http://www.ezonearticle.com/2012/09/21/why-bae-eads-merger-is-double-trouble-for-boeing/

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