EADS is revising its goal for equal revenues from its civil and defense programs by 2020 after failing to finalize its merger with BAE Systems and accounting for cuts in government defense spending. But the European manufacturer has yet to decide on a new target and the future direction of its Cassidian defense business. “There is nothing magical about the 50/50 [goal],” EADS CEO Tom Enders told Aviation Week after a Feb. 21 event at New York’s Wings Club, adding that a new target will ...


"Strategic Review Will Likely Revise EADS’s Long-Term Revenue Goals" is Premium Content. Subscribing will provide full access to this article as well as the opportunity to access:
-- Critical intelligence on the global aviation, aerospace & defense industries
-- Consolidated, comprehensive coverage of the programs and technologies shaping the industry
-- And much more…

Already registered? here.