EADS is entering the final phase of a transition period as the European aerospace and defense giant aims to position itself for a more profitable future and prepare for a potentially volatile shift in corporate governance. EADS CEO Louis Gallois has long expressed his unhappiness with the underlying profitability of the company, but he sees 2011 as that condition’s last year. “In 2011, we will prepare for our profitability, with recovery expected for 2012 and beyond,” Gallois says. ...


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