Over the next three years European aerospace and defense giant EADS will reduce its head count by 5,800 — including up to 1,450 layoffs -— as part of a plan to put its defense and space business in line with projected revenues, the company announced Dec. 9. The plan, presented to the group’s European Works Council, follows a July decision by the EADS board of directors to consolidate its Cassidian, Airbus Military and Astrium units into a single Airbus Defense and Space Division ...

THIS CONTENT REQUIRES SUBSCRIPTION ACCESS

You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "EADS Outlines Defense And Space Restructuring Plan".

 

Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.

 

Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.