EADS ceo Tom Enders predicts more defence industry consolidation
The chief executive of European aerospace firm EADS, Tom Enders, predicted more defence industry consolidation on Thursday as he painted a gloomy picture of the outlook for the European defence industry.
British arms maker BAE Systems and European aircraft manufacturer EADS are in talks over a possible merger that would create a global leader in aerospace, defense and security, the pair said on Sept. 12.