EADS and BAE Systems in merger talks

daver said:
They bought up a lot of companies in the US like the company that makes the Bradley but most of their sales are probably for systems rather than complete vessels/planes etc - they are making the new gun for the new USN destroyers, they make the M777 Howitzer

They have a lot of security clearances over there which EADS do not have, its one of the main reasons the merger would be attractive from an EADS point of view. I reckon that's were they see the most synergies, as a foot in the door for a lot of EADS equipment they have had trouble winning contracts for in the US because they are not seen the same as BAe over there.
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Yeah I can really see the US government handing over megabucks contracts to a Franco-German-Brit European defence company :p
 
I speak to airbus people daily and have never heard it referred to as e-ads.

Will definitely be interesting to see what happens.
 
I work for both E-A-D-S and ee-ADS. ee-ADS is cool and happening, E-A-D-S is bit more stiff upper lip with brandy and cigars.

I think this could be a good move, but shareholders didnt think it was so good for EADS, with BAE rising and EADS falling.

Im excited about the space transportation and combat fighter divisions getting together to make some kind of attack spacecraft.
 
Evilpaul said:
I used to work for DASA, and was there when it became EADS.

It's pronounced as individual letters because it's an acronym!
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An acronym is technically an abbreviation that forms a new word e.g. SCUBA or SONAR - the point being that you can pronounce it as a word. What you (and others) appear to be thinking is the case here is that EADS is an initialism, the distinction being that initialisms are pronounced as the separate letters. Initialisms are often linked with acronyms but both are subsets of abbreviations.

I've no real opinion on how you pronounce EADS - I'd think that both options are acceptable in the correct circumstances.
 
E.A.D.S takes a goddamn age for people to say though and if you say it in conversation you are a **** who should have their tongue superglued to a hippo's arse.
 
The job losses are likely to be minimal in the short term. The equalization structure used in the DLC means that the assets are not consolidated but merely joined by legal agreements that stipulate what happens in situations such as a wind-up. This type of structure is used where there isn't much overlap in geography or businesses and this is corroborated by the fact that commentary has highlighted that the synergies are meant to be insignificant. Despite the reasons given in the announcement from BAE, the real reason for the merger seems to be to reduce the cyclicality of both businesses by reducing their individual exposure to either US/UK defence or civil aviation in a combination. However, this looks like a better thing for BAE than EADS at the moment, hence the share price reaction.
 
Although it may result in job losses, I don't really see it going that way. BAE avionics was sold off to Finmecanica which became Selex Galileo (ok timeline wasnt quite like that) and that is a perfectly working separate entity.
 
I know a chap who works for EADS and he (and others I have solicialised with who also work there) refer to it as 'eeds' or 'E-ads' depending on who it is....(Athough other less family friendly terms do get bandied about from time to time). I suspect that the correct company line would be E.A.D.S.

So I doubt it really matters that much, but if it bothers people that much, call them up and see how the Receptionist responds....:p
 
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semi-pro waster said:
An acronym is technically an abbreviation that forms a new word e.g. SCUBA or SONAR - the point being that you can pronounce it as a word. What you (and others) appear to be thinking is the case here is that EADS is an initialism, the distinction being that initialisms are pronounced as the separate letters. Initialisms are often linked with acronyms but both are subsets of abbreviations.

I've no real opinion on how you pronounce EADS - I'd think that both options are acceptable in the correct circumstances.
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You realise that both SCUBA and SONAR are initialisms, right?
 
dalin80 said:
I cant see the US agreeing to the merger, BAE has access to some very classified stuff as part of its dealings there.
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And it is pretty common to have very strict procedures (subject to unnanounced audits) to create firewalls between areas that deal with ITAR material and areas that don't. This is a total non-issue and is a prerequisite for the US agreeing to sending ITAR information overseas.

There will already be a pretty strong firewall between BAE Systems Inc and BAE Systems plc. It is the only way the US govt will let them operate.
 
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