Abstract
The European Aeronautic Defense and Space Company (EADS) is an aerospace and defense corporation. EADS was founded on July 10, 2000, through the merge of Aerospatiale-Matra DaimlerChrysler Aerospace AG and ConstruccionesAeronauticas SA. The firm is headquartered in Leiden, Netherlands, under CEO Thomas Enders. EADS serves defense and military contracts, with over 133,000 employees at over 170 sites worldwide. Key markets are located in Australia, Brazil, China, India, the Middle East, North America, Russia and the United Kingdom, served by several thousand suppliers from over 100 countries. The EADS Group consists of the following four main divisions:
•Airbus – Commercial and military aircraft manufacturing subsidiary
•Astrium – Aerospace subsidiary; provides civil and military space systems and services
•Cassidian – Defense and security division; provides global security solutions
•Eurocopter – Global helicopter manufacturing and support company
As of 12/31/11, Airbus segment makes up 62% of EADS' total revenue. Cassidian, Eurocopter and Astrium follow respectively with 11%, 10% and 10%. The last 6% derives from Military transport aircraft and other segments. EADS aims to increase the share of non-Airbus activities, especially defense and institutional businesses, to ultimately achieve a 50/50 balance.
