EADS-BAE talk merger as India looks at more Hawks
Neelam Mathews Sept 14, 2012 Watch two videos below- Even as EADS and BAE Systems are in discussions to merge the two companies which could result in EADS owning 60 percent, BAE Systems has received a Request for Proposal (RFP) from Hindustan Aeronautics Limited (HAL) for a potential order to supply products and services for the manufacture of 20 Hawk Advanced Jet Trainer (AJT) aircraft. The aircraft, to be built by HAL in Bengaluru, will fulfill the Indian Air Force’s requirement for its prestigious aerobatic team. The combination entity with annual revenues close to $100 billion will result in the creation of a strong competitor to both Boeing and Lockheed Martin. “EADS brings to the combination strength in European mainland markets while BAE brings strong influence on the lucrative Middle Eastern and South African markets,’ says an analysis done by Aviotech. The merged company will make its p resence across a larger spectrum of project opportun...