EADS

From Wikicompany

European Aeronautic Defence and Space Company EADS N.V.

Image:eads.png

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Contacts

Web: http://www.eads.net
Email:
Phone:
Fax:
Address: Ottobrunn, Germany
Geocode:
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Info

Sectors:
Products:
Type:
Regions:
Presences: wikicompany
Open times:
Founding:
Employees:
Key people:
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Relations

Parents:
Subsidiaries: Eurocopter, EADS Space, EADS Astrium, EADS Sodern, CILAS
Affiliates:
Partners: Airbus, Thales
Customers:
Competitors: Boeing, NASA, Lockheed Martin, BAE Systems
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Web

Links:
Stock: EADS
Web: wikicompany, google, yahoo
News: google, yahoo, y-finance, newsisfree, indymedia
Blogs: feedster, technorati
Articles: google, findarticles, del.icio.us, connotea
Photos: google, yahoo, yotophoto, wikimedia, flickr
Audio: feedster, potkast, podscope, podzinger, yahoo, altavista
Video: google, yahoo, youtube, blinkx
Jobs: wikicompany, monster, indeed, EADS
Products: yahoo, kelkoo, froogle, google-base, amazon, ebay, become


EADS (European Aeronautic Defence and Space) is a large European industrial corporation in the aerospace research and development sector.

Phoenix - an unmanned space vehicle project by EADS
Enlarge
Phoenix - an unmanned space vehicle project by EADS

The company employs more than 100,000 people, at about 70 production sites worldwide.

EADS is legally incorporated in Amsterdam, The Netherlands, but the company's headquarter is located in Ottobrunn, south of Munich, Germany.

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Subsidiaries

  • Airbus S.A.S.
    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
  • Aeronautics
    EADS Socata, manufacturer of small aircraft
  • EADS SPACE
  • Defence and Security Systems
    • Defence Electronics, the sensors and avionics house of EADS
    • Military Aircraft, including products such as the Mako/HEAT, 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 (100% ownership), manufacturer of light and medium civil and military helicopters. The CEO is Fabrice Brégier and the headquarters are in Marignane, France.
    • Missiles
    • Defence and Communications Systems, electronics/software system house
    • Services


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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.[1][2]

  • Publicly traded: 34.08% (Includes 3.55% held by EADS employees, .06% held by French government, and .78% held by EADS itself. Traded on Paris, Frankfurt, 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.

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Management

EADS operates with two co-CEO's, one French and one German, currently Tom Enders and Noël Forgeard. Similarly the leadership of the board of directors is shared between two co-chairmen: Arnaud Lagardère and Manfred Bischoff. This system was established with the creation of EADS in 2000.

Foregard was previously CEO of the aircraft manufacturer Airbus SAS. In late 2004 he was nominated by Lagardère as the next French CEO of EADS. Forgeard had suggested that this system should be abolished in favour of a single CEO in a move that DaimlerChrysler saw as an attempt to engineer a French dominated management team.

Following protracted arguments, which caused embarrassment to EADS at the Paris Air Show, the appointment was confirmed by the EADS Board of Directors on June 25 2005. At the same meeting the Board, in consultation with partner BAE Systems, named Gustav Humbert as President and CEO of Airbus.

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History


EADS was formed in July 2000, by the merger of Aérospatiale-Matra of France, Dornier and DaimlerChrysler Aerospace AG (DASA) of Germany, and Construcciones Aeronáuticas SA (CASA) of Spain, with the aim of becoming the world's second largest aerospace company (after Boeing).

EADS is also the second-largest European arms manufacturer (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 in 2007 through its subsidiary EADS SPACE Transportation.

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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-15K Strike Eagle competition).
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News

  • Eads’ condition improving following wreck - Dickson Herald
  • EADS Astrium selects Arianespace to launch Skynet 5C - Space Ref
  • Arianespace wins EADS' Skynet 5C Satellite launch contract - Forbes
  • BMW to co-design Airbus interior - BBC News
  • Airbus 2005 orders similar to those of Boeing - Scotsman
  • Bill lets EADS compete for work - Washington Times
  • EADS Had Exceptional 05, Now Sell -Cheuvreux - New Ratings
  • EADS Still Has Upside - SG - New Ratings
  • Michael Hauger to lead EADS Corporate Media Relations - noticias.info
  • ThyssenKrupp & EADS Beat Thales et. al. to Acquire Atlas ... - Defense Industry Daily


Image:Wikipedia-small.png Wikipedia article about EADS (search). This article uses material from that article.