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EADS Eurocopter To Acquire Vector Aerospace Corp.

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The European Aeronautic Defence and Space Co., (EADS) subsidiary Eurocopter expanded its aerospace support and services presence in North America and globally saying it entered into a Support Agreement with Canada's Vector Aerospace Corp. EADS CEO Louis Gallois said: "This acquisition perfectly fits EADS' Vision 2020 strategy, increasing services, strengthening the helicopter business, international and more specifically North American exposure while keeping a good balance between military and civil activities. It is also an excellent investment opportunity for Eurocopter, as…

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