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EADS and BAE: Bosses urge political support for merger

1 October 2012 Last updated at 23:20 BST

The bosses of BAE Systems and EADS have issued a joint appeal for support for their proposed $45bn (£28bn) merger.

The statement by Ian King and Tom Enders, published in UK, French and German newspapers, come as the defence and aerospace firms seek a tie-up.

They also need political support for the deal as France and Germany are keen to maintain their interests in EADS.

The deal faced another setback on Monday when Lagardere, a key EADS shareholder, expressed reservations.

The BBC's industry correspondent John Moylan reports.