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AEROSPACE
EADS posts profit leap as Airbus orders soar
by Staff Writers
Paris (AFP) May 14, 2013


European aerospace giant EADS said Tuesday its first quarter profits soared 91 percent from a year ago to 241 million euros ($316 million) amid solid demand for its commercial aircraft.

Orders for the first three months rose to 49.9 billion euros compared to 12 billion during the same period last year, said the parent company of Airbus.

Orders for Airbus' commercial aircraft showed the highest jump, leaping 496 percent.

Sales for the first three months of the year were up 9 percent at 12.4 billion euros, the group added.

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AEROSPACE
EADS says Pentagon ending helicopter program
Washington (AFP) May 13, 2013
The US Defense Department has decided to stop buying EADS Lakota helicopters for the Army next year, according to the head of the European aerospace's US-based unit. "The Lakota is built by a highly skilled workforce, more than half of which are military veterans, at my company's Columbus, Mississippi, helicopter production facility," Sean O'Keefe, chairman and chief executive of EADS North ... read more


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