EADS achieves a milestone on its rocky road
EADS, Europeâ€™s leading aerospace/defense group, is celebrating its 10th anniversary. The cross-border group, although beset with multiple difficulties, is considered to be a robust symbol of industrial unityâ€”standing as a testament to the fact that economic union creates power and influence. Last year, the group had nearly â‚¬43 billion ($57.9 billion) in revenues and its backlog was as high as â‚¬369 billion, but it posted â‚¬763 million in losses due to costly delays affecting two major Airbus ...
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