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 next week’s board of directors meeting scheduled for July 30. EADS did not comment officially. The European aerospace group is going to merge its defense and space divisions—Cassidian and Astrium—into a new entity, which will be named “Systems” or “Systems and Defense.” The new unit is also going to include ...
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