PROFILE |
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It's flying alphabet soup! DaimlerChrysler Aerospace (DASA, Germany), Aerospatiale Matra (France), and Construcciones Aeronauticas SA (CASA, Spain) have formed the European Aeronautic Defense and Space Company (EADS). EADS is Europe's largest aerospace firm and trails only the US's Boeing and Lockheed Martin in size. EADS owns an 80% stake in Airbus, now neck-and-neck with Boeing in production of passenger jets (BAE SYSTEMS owns the other 20%). EADS also has leading positions in helicopters (Eurocopter) and commercial satellite launchers (Arianespace). The company's complex ownership and management structure (German and French co-CEOs) is designed to ensure a balance of power between French and German interests.
COMPETITION |
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BAE SYSTEMS (BAESY)
The Boeing Company (BA)
Lockheed Martin Corporation (LMT)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
2000 Sales (mil.): 18,292.50
1-Yr. Sales Growth: (19.5)%
Employees: 88,879
Revenue per employee: $205,813.52
KEY PEOPLE |
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Rainer Hertrich
CEO
Axel Arendt
CFO
CONTACT INFO |
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37, boulevard de Montmorency
75016 Paris, France
Phone: 33-1-42-24-24-24
Fax: 33--
Online: Web Site
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