What will BAE's merger with EADS mean for UK defence?
EADS, the Franco-German aerospace firm, and BAE Systems, the UK’s largest defence company, are in discussions about a possible merger that will create a $48 billion aerospace and defence goliath. If the transaction takes place, which is likely to be 60% EADS-owned and 40% BAE, it will dwarf industry rivals Lockheed Martin and Boeing.The move has
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