Eurocopter is stepping up its restructuring effort as the civil helicopter business remains sluggish. Eurocopter plans to cut €200 million (US$264.9 million) in costs, including the elimination of 400 positions in France and Germany. But Eurocopter maintains that its “Shape” program, launched last year, is more than cost cutting. The helicopter maker is investing another €1.3 billion (US$1.7 billion) in research and development to support new helicopter development and expand infrastructure. ...
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