NEW YORK--Europe's largest aerospace firm is switching gears to pursue acquisition of a U.S. company in the wake of a foiled attempt to gain a foothold in the U.S. defense market via a major aircraft production contract. "If we want to be in the U.S., we have to buy companies," Louis Gallois, CEO of Airbus parent company EADS, told reporters recently. "We are not changing our wish to create a footprint in the U.S." Gallois expressed "extreme frustration" over the…
EADS To Redirect U.S. Strategy As Tanker Deal Slips Away
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