EADS is preparing a major structural overhaul that will lead to realigned divisions and a new name: Airbus. According to several industry sources, the changes may be confirmed at a board of directors meeting scheduled for July 30. The European aerospace group, which will not comment, is going to merge its defense and space divisions—Cassidian and Astrium—into a new entity. The new unit is also going to include Airbus Military, according to some sources. Airbus will essentially retain ...

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