EADS crafts 2006 strategy to combat Boeing challenge and expand military/security business
EADS is sharpening its operational edge through more focused research and development spending and reinforcement of foreign beachheads as the European contractor attempts to push back competitors, particularly the strong offensive mounted by arch rival Boeing. EADS Co-CEO Noel Forgeard says that Boeing's surge last year, particularly in the commercial aircraft market, poses a formidable challenge. One obvious worry is the strong head start of Boeing's 787, although Forgeard insisted ...
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