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Business/Financial

Seeking Boost In International Identity, EADS Changing Name To Airbus

Defense Daily Staff

Thursday, August 1st, 2013

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Seeking Boost In International Identity, EADS Changing Name To Airbus

Taking advantage of the strong global brand name recognition of its commercial aircraft division, the European Aeronautic Defence & Space Co. (EADS) yesterday said it is renaming itself Airbus Group. EADS currently has five key brand names. Those include Airbus and Eurocopter, which an analysis showed have strong public awareness, and Astrium, Cassidian and EADS, which do not. Airbus currently accounts for about two-thirds of the company’s overall sales. The European-based company said that “Airbus’ brand value has increased dramatically…

HASC Bill Funds Second Destroyer, Adds Several Multi-Ship Procurements, Puts Limits On Battleship

The House Armed Services Committee (HASC) chairman’s mark of the fiscal year 2027 defense authorization act, released May 26, largely approved the Navy’s shipbuilding request, but it added funds to […]

Congress

HASC’s FY ‘27 NDAA Adds More Black Hawks, Chinooks For Army, No Plus-Up For Apaches

The House Armed Services Committee’s (HASC) draft of the next defense policy bill supports hundreds of millions dollars for the Army to buy additional Black Hawk and Chinook helicopters in […]

Congress

HASC’s $1.15 Trillion FY ‘27 Draft NDAA Doesn’t Shift Items Over From Reconciliation Request

The House Armed Services Committee (HASC) on Tuesday unveiled its $1.15 trillion draft of the next defense policy bill, aligning with the White House’s requested discretionary topline while not including […]

Budget

DoD’s Equity Stake In L3Harris Rocket Motor Business Comes At Expense Of Other Suppliers, HASC Warns

A draft defense bill released by the House Armed Services Committee (HASC) on Tuesday says the committee is “concerned” with the Defense Department’s $1 billion equity investment this year in […]