Aerospatiale Matra of France and Germany's DaimlerChrysler have agreed to merge their respective aerospace businesses, creating the world's third-largest aerospace company behind Boeing and Lockheed Martin. To be called the European Aeronautic, Defense and Space (EADS) company, the new venture will control a number of Europe's largest aerospace ventures, including Airbus Industrie, Arianespace, and Eurocopter. The merger could speed the evolution of Airbus into a ``single ...

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