ST Aerospace acquires 35% stake in EADS EFW

ST Aerospace has acquired a 35% stake in EADS EFW and plans to begin an Airbus A330 passenger-to-freighter (P2F) engineering development phase this month. The two companies in February 2012 signed an MOU for a strategic partnership to develop an A330 P2F conversion program. “EADS EFW will serve as...

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