EADS and BAE Systems in merger talks to create world's largest aerospace and defence company

BAE Systems and EADS have told the London Stock Exchange that they are in talks over a possible merger that would create the world's largest aerospace and defence company. A merger would create a combined annual turnover business of more than $95 billion with almost 75% being in aerospace – it would also give EADS a solid position in the lucrative US market.

See the full article at Arabian Aerospace