Allan McArtor, a 13-year Airbus veteran and chairman of the conglomerate’s U.S. commercial aircraft organization, has been appointed president and CEO of the North American subsidiary Airbus Group Inc., formerly called EADS North America. He will assume the roles on March 1 and succeed Sean O’Keefe, who will continue working with the su...

EADS has announced plans to consolidate the operations of its defense and aerospace units in an effort to reduce market vulnerability of its defense business, MarketWatch reported Wednesday. Monica Houston-Waesch writes EADS will change its name to Airbus Group as part of the reorganization that will see the company’s Cassidian defense divisio...

EADS is set to reorganize in a move that could include adopting the corporate name of its Airbus commercial aircraft business unit, Reuters reported Thursday. Citing several sources, Tim Hepher and Sabine Siebold write EADS is reviewing strategies for its aerospace and defense activities and the company’s board will meet at the end of the mo...

The Department of Defense named Boeing (NYSE: BA) the winner of the $35 billion KC-X Tanker contract issued by the Air Force. The firm plans to use the KC-767 aircraft for the project. The first contract awarded carries a value of $3.5 billion calls for the delivery of 18 aircraft by 2017.  The Air Force...