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Tag Archives: EADS

Airbus Names Francois Auque, Thomas d’Halluin as Venture Investment Chiefs for Europe, US

Francois Auque, formerly CEO of Airbus Group’s defense and space business in France and executive vice president of space systems, has been named head of the aerospace company’s venture investment activities in Europe. Airbus also appointed Thomas d’Halluin, formerly chief operating officer of Airbus Ventures, to lead the firm’s venture …

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Bernhard Gerwert: Airbus to Downsize Defense, Space Division

Airbus Group will sell some of the subsidiaries and business units within its defense and space division after what the aerospace and defense conglomerate called a “detailed and comprehensive portfolio assessment.” Airbus Group said Tuesday that it identified its commercial and para-public communication business as among the candidates for divestment and said it also …

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Astronics to Buy EADS NA’s Test, Services Business for $53M; Peter Gundermann Comments

Astronics Corp. (NASDAQ: ATRO) has agreed to buy Airbus Group Inc.’s (formerly EADS North America) test and services business for nearly $53 million in cash. EADS T&S will operate within Astronics’ test systems segment after the transaction is completed in February, which is subject to regulatory approval and other closing conditions, Astronics …

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Allan McArtor Appointed Airbus North American President, CEO

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 …

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Harvey Nathan Joins Northrop as Govt Relations, Contracts Asst General Counsel

Harvey Nathan, formerly vice president of contracts at EADS North America, has joined Northrop Grumman (NYSE: NOC) as assistant general counsel for government contracts and government relations. The former Defense Department acquisition lawyer will provide legal counsel to the company’s government relations, contracts, business development and strategy organizations in his new role, …

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EADS to Change Name to Airbus Group and Combine Defense, Space Operations

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 …

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Michael Kostelnik Appointed EADS North America Space VP, Astrium Americas CEO

Michael Kostelnik, a retired U.S. Air Force major general, has been selected to succeed John Schumacher as vice president for the space business of EADS North America. Kostelnik has also assumed the role of president of the Astrium Americas subsidiary, which provides telecommunications, space transportation and satellite services to federal …

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Report: EADS Mulls Rename for Reorg

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 …

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EADS CEO Tom Enders Closes Door on BAE Merger

EADS CEO Tom Enders aimed to end speculation that the proposed EADS-BAE Systems merger could still happen during a recent interview with the Sunday Times, Reuters reports. Citing that interview, Reuters’ Paul Sandle writes the companies will not pursue the $45 billion deal that did not close last year. Enders …

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John Pranzatelli Promoted to MBDA Inc. President

John Pranzatelli has been promoted to president of MBDA Inc., the U.S. operations of global missile systems maker MBDA Group. He will work with U.S. military customers and partners to develop new products and be responsible for growing the MBDA Group’s presence in the U.S. market, MBDA Inc. says on …

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