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European Aeronautic Defence and Space CompanyEuropean Aeronautic Defence and Space Company (EADS) is a large European industrial corporation of the aerospace business, formed by the merger on July 10, 2000 of Aérospatiale-Matra of France, Dornier GmbH and DASA of Germany, and Construcciones Aeronáuticas SA of Spain. As of 2003, EADS employs more than 100,000 people at 70 production sites worldwide. Legally incorporated in Amsterdam, the corporation's headquarters are located in Paris, France, and in Ottobrunn, south of Munich, Germany. ==Management== EADS operates with two co-chief executive officer's, one French and one German, as of 2004 Philippe Camus and Rainer Hertrich. Noël Forgeard, current Airbus chief, has been nominated* by Arnaud Lagardère as the next French CEO. Lagardère has this responsibility as a result of the negotiations which created EADS. DaimlerChrysler has nominated Thomas Enders as Hertrich's successor. Similarly the leadership of the board of directors is shared between two co-chairman: Lagardère and Manfred Bischoff. (* The appointment of Forgeard has met with resistance from DaimlerChrysler due to his proposal that the status quo of co-CEOs should be replaced with a single chief executive, what DaimlerChrysler sees as an attempt to impose a French-dominated management team. Forgeard's nomination is understood to have been at the urging of the French government.) == History and activities == EADS was formed by its member companies in July 2000, to become the world's second largest aerospace company (after Boeing). EADS is also the second-largest European arms trade (after BAE Systems.) The company develops and markets civil and military aircraft, as well as missiles, space rockets, and related systems. In November 2003, EADS announced that it was considering working with Japanese companies, and the Japanese Ministry of International Trade and Industry, to develop a hypersonic airliner intended to be a larger, faster, and quieter, replacement for the Concorde, which was retired in October the same year. EADS is a major contributor to the International Space Station, and is expected to deliver Columbus (ISS module) in 2007 through its subsidiary EADS SPACE Transportation. == Subdivisions == Eurofighter_GmbH_ EADS owns 80% of Airbus in a joint ownership with BAE Systems which owns the remaining 20% (May 2004). Airbus headquarters are located in Toulouse, France. *''Military Transport Aircraft'' **Shareholder in Airbus Military, developer and manufacturer-to-be of the Airbus A400M – competitor to Lockheed Martin's C-130 Hercules **Airbus military applications – e.g. Airbus A310 MRTT and Airbus A330 MRTT conversions *''Aeronautics'' EADS Socata, manufacturer of small aircraft *''EADS SPACE'' ** 100% shareholder in satellite company Astrium (after buying out BAE Systems' 25% stake on 30 January 2003). Astrium is based in Toulouse, France, and the CEO is Antoine Bouvier. The number of employees, as of 2004, is 6092, spread among four countries: France (2445; 40%), UK (2136; 35%), Germany (1279; 21%), and Spain (232; 4%). ** 100% shareholder in EADS SPACE Transportation, responsible for the Ariane launchers and orbital systems such as Columbus (ISS module). The CEO is Hervé Guillou. ** 100% shareholder in EADS SPACE Services, formed mostly from Paradigm Secure Communications Ltd, a defence satellite operator for the United Kingdom Ministry of Defence (operating the Skynet 5 system) ** 28% shareholder in space transport operator Arianespace (largest commercial shareholder) ** CEO is François Auque. *''Defence and Security Systems'' ** ''Defence Electronics'', the sensors and avionics house of EADS ** ''Military Aircraft'', including products such as the EADS Mako/High Energy Advanced Trainer, and stakes in the following companies: *** Dassault Aviation (45.76%), manufacturer of fighters and other military aircraft *** Eurofighter GmbH (46%), manufacturer of Eurofighter Typhoon. *** Eurocopter Group (100% ownership), manufacturer of light and medium civil and military helicopters. The CEO is Fabrice Brégier and the headquarters are in Marignane, France. ** ''Missiles'' ***MBDA (37.5%) ***LFK ** ''Defence and Communications Systems'', electronics/software system house ** ''Services'' [[image:ISS ESA ATV.jpg|thumb|right|250px|Automated Transfer Vehicle EADS SPACE Transportation is Prime Contractor]] == Shareholders == As of 31 December 2004, about one-third of EADS stock is publicly traded in six European stock markets and the rest is divided among three major business entities.[http://www.eads.com/xml/content/OF00000000400004/1/69/29666691.gif][http://www.eads.com/frame/lang/en/1024/xml/content/OF00000000400004/6/03/31000036.html] *Publicly traded: 34.08% (Includes 3.55% held by EADS employees, .06% held by French government, and .78% held by EADS itself. Traded on CAC 40, DAX, Madrid, Bilbao, Barcelona and Valencia stock exchanges.) *DaimlerChrysler: 30.2% *SOGEADE: 30.2% (50% French government body, SOGEPA and 50% Désirade) *SEPI: 5.52% (Spanish state holding company) On July 17, 2004 ''The Economist'' reported that the three major shareholders, DaimlerChrysler, SOGEADE and SEPI, intend to sell their shares by 2006–2007. DaimlerChrysler would like extra capital to invest in its core activities, the Lagardère Group (controls Désirade) wants to withdraw from defence aerospace, and the French government is pursuing privatisation where appropriate. == Criticism == Like any large industrial conglomerate which manufactures weaponry, EADS has been subjected to criticism. Alleged wrongdoings include: * The delivery of weapons to non-NATO countries without due consideration for the political situation and the economic consequences and to countries where there exists an on-going arms race. * Using bribes in order to further sales in South Africa. * Engendering the threat of a trade war when specific bids are rejected (e.g. the case of the Republic of Korea's F-15E Strike Eagle competition). == See also == *European defence procurement == External links == *[http://www.eads.com Corporate website] *[http://biz.yahoo.com/ic/101/101208.html Yahoo! - European Aeronautic Defence and Space Company EADS N.V. Company Profile] *[http://news.bbc.co.uk/1/hi/business/3231354.stm ''Firm considers 'son of Concorde' ''] – As reported by BBC News, 23 November 2003 Aerospace companies International aircraft manufacturers Aircraft engine manufacturers European Aeronautic Defence and Space Company==Criticisms should be documented== One should perhaps get some external links documenting the 'arms dealing' criticisms of EADS -- the criticisms shouldn't just stand there as is. --User:Wernher 14:23, 28 Nov 2003 (UTC) ==Company, not consortium== EADS is not a consortium, while Airbus used to be one. A consortium is just an alliance of companies, EADS is a single company. User:David.Monniaux 23:54, 2 Apr 2004 (UTC) ==Military Aircraft division== In my attempt at improving the layout of the subdivision section, I tentatively outlined the Mil. Aircraft div. as consisting of Eurocopter and Dassault. Is this correct or not, and if not could someone more knowledgeable fix it? --User:Wernher 23:24, 15 Apr 2004 (UTC) ==Great aircraft pictures!== Hey, thanks ≈1.0E06 to User:H1523702 for entering the two EADS airplane photos into the artice; IMO, they greatly improved it (made it much more visually appealing)! :-) --User:Wernher 23:54, 18 Dec 2004 (UTC) See other meanings of words starting from letter: EEA | EB | EC | ED | EF | EG | EH | EI | EJ | EK | EL | EM | EN | EO | EP | ER | ES | ET | EU | EW | EX | EY | EZ |Words begining with European_Aeronautic_Defence_and_Space_Company: European_Aeronautic_Defence_and_Space_Company European_Aeronautic_Defence_and_Space_Company |
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