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Proposed BAE-EADS merger called off

A deal to create a European defense and aerospace giant to rival Boeing collapsed Wednesday when BAE Systems and EADS NV called off merger talks in the face of government objections.

Tags: BAE Systems , mergers and acquisitions , industry , contracting

Wednesday - 10/10/2012, 12:04pm EDT

Defense company executives warn of layoffs if cuts go through

A slate of defense industry executives lined up to testify before the House Armed Services Committee Wednesday, telling lawmakers that the automatic budget cuts known as sequestration would be devastating to their businesses and could lead to mass layoffs. The lack of action by Congress, so far, to avert the cuts has led to a "fog of uncertainty" even now, five months away from when sequestration would take effect, the CEO of Lockheed Martin testified.

Tags: budget , industry , DoD , defense industry , Pentagon Solutions , In Depth , Robert Stevens , Lockheed Martin , Pratt & Whitney , David Hess , Della Williams , Williams-Pyro , Sean O

Wednesday - 07/18/2012, 10:06pm EDT
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EADS charts course to beat Boeing for tankers

EADS North America has announced that it plans to bid on the U.S. Air Force's tanker modernization program. Sean O'Keefe, CEO of EADS North America, explains how the company plans to win.

Tags: management , DoD , USAF , EADS , tanker contract , contracting , Boeing , Sean O'Keefe

Thursday - 04/22/2010, 10:55am EDT
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EADS North America will bid for Air Force tanker contract

EADS North America announced on Tuesday that it plans to bid on the U.S. Air Force's tanker modernization program.

Tags: management , DoD , USAF , EADS , tanker contract , contracting

Tuesday - 04/20/2010, 04:26pm EDT