LONDON/BERLIN (Reuters) - Britain's BAE Systems and Airbus-owner EADS plan to merge into a $48 billion aerospace and defense giant that would overtake rival Boeing in sales, and insulate the pair from U.S. and European defense budget cuts. In the biggest shake-up in Europe's aerospace and defense sector since a 2000 pan-European merger created EADS under joint French and German control, the pair ...
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BAE, EADS discuss creating aerospace giant
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