:

EADS Overhauls Governance, Shareholder Structure

Thursday, December 6th, 2012

SHARE:

The European Aeronautic Defence and Space Co. (EADS) yesterday said its board and core shareholders have agreed on a new governance and shareholder structure that will cap government ownership of the company and substantially reduce, and possibly eliminate, ownership stakes by Germany’s Daimler AG and France’s Lagardere SCA. The new structure will give the governments of France and Germany a 12 percent stake each in EADS and the government of Spain 4 percent. EADS said that Daimler and Lagardere plan…

Congress

House Authorizers Retain Battleship Funding, But Want Nuclear-Power Report

The House Armed Services Committee’s (HASC) Thursday markup of the FY 2027 defense authorization bill rejected an amendment to cut funding for the new Trump-class battleship (BBG(X)), but did agree […]

Congress

HASC Rejects $150 Billion Topline Cut, Iran Cost Transparency Proposals At NDAA Markup

The House Armed Services Committee (HASC) on Thursday rejected a Democrat-led proposal to cut the $1.15 trillion fiscal year 2027 National Defense Authorization Act (NDAA) by $150 billion, as the […]

HASC Wants Pentagon List Of Critical F-35 Technical Data Rights And Estimate Of Cost To Buy Them For Repairs

The House Armed Services Committee (HASC) wants the Pentagon to inform the committee of critical technical data rights for the Lockheed Martin [LMT] F-35 fighter and how much it would […]

Space

NRO Nominee: “We Have To Look Differently At Our Requirements”

The National Reconnaissance Office (NRO) has said that it has launched more than 200 proliferated low Earth orbit satellites in the last two years to supplement the costly high-end systems […]