As CEO of EADS, Louis Gallois was repeatedly rebuffed by his board when he sought to acquire U.S. defense companies. Less than four months after Gallois' retirement, a single deal could finally make EADS a top supplier to the Pentagon—and in the process create the largest aerospace and defense (A&D) company ever. EADS confirmed last week that it is in negotiations to merge with U.K.-based BAE Systems, which derives about half of sales from its U.S. branch (see p. 28). If they can reach ...

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