The news released earlier today at the Berlin Air Show about the possible merge of EADS and BAE Systems is both interesting and rather surprising but it could be excellent for both organisations, the merged organisation would (depending on regulatory approvals) be the largest defence aerospace vendor in the world and have feet planted firmly in the defence, security and civilian markets.
It does make things more complicated with regards to overlapping products, national agreements and existing or planned competitive ventures or developments but if the will is there, the wallet will follow, or is it the other way around!
The planned collaboration between Dassault and BAE on a Medium Altitude Long Endurance (MALE) Unmanned system might be looking a bit shaky given that EADS have the Talarion, despite their shareholdings in Dassault.
Have a wander through their websites…
The announcement about the talks are linked off their home pages.
Any crystal ball gazers out there who fancy a prediction?
Seems like the markets don’t like the news as BAE shares have taken a tumble this morning
I also thought it would be interesting to see who owns EADS shares, who will be responsible for 60% of the organisation that provides UK defence sovereignty, tens of thousands of jobs and the nuclear deterrent
That is a sobering thought