BAE and EADS a 'fantastic combination'


A potential merger between UK defence contractor BAE systems and European aerospace firm EADS is an attractive combination according to the industry body for Aerospace, Defence and Security and Space (ADS).

In a potential tie-up, BAE would own 40% and EADS 60% of the new firm.

Director of policy for trade organisation ADS Howard Wheeldon told BBC News that there is "no overlap" between the companies, meaning the deal would be about growth rather than efficiency savings.

BBC © 2014 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.