Aerospace Group:

Tanker Top EADS Priority But No Bearing on Growth Strategy

DDN

Friday, July 18th, 2008

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HAMPSHIRE, England--Securing the KC-X tanker contract remains the European Aeronautic and Space Co.'s (EADS) number one priority, but the company's vision for doubling revenues by 2020 and balancing defense and commercial activities is not dependent on the outcome of the disputed tanker deal, top executives said. "First, we will get the tanker, because we have the best airplane," Louis Gallois, EADS CEO told reporters at an all-day briefing here Saturday. "The increased footprint strategy is not linked to one deal…

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