Budget Crunch Forces EADS To Globalize Faster
LONDON — In response to the pending contraction in European defense spending due to deep national fiscal problems, EADS will need to step up its effort to globalize, says Stefan Zoller, CEO of EADS Defense & Security.
Just how deeply the European budget crisis will affect EADS and defense markets more generally is not certain. But Zoller notes that “it is quite clear that European markets ...