Towards the end of last year a proposed merger between BAE Systems and EADS was ditched due to the difficulties of persuading the relevant governments to reduce their interest in the resulting company.
Subsequent questions from shareholders who EADS to operate like a “normal company” want it to divest it’s holdings in Dassault Aviation.
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As pointed out in the Flight Global article above France would be unlikely to allow a purchase of EADS share in Dassault outside of a French owner, however given the fledgling Anglo-French (Franco-British?) military agreements would some form or BAE Systems / Dassault Aviation arrangement be worth consideration?