richard thomas
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| posted on 12/9/12 at 07:31 PM |
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BAE Systems and EADS Aerospace Companies to merge.
Discuss......
Seriously, I am interested in what the viewpoint of the typical 'British' individual is......if you have an opinion that is......?
Cheers, Rich.
[Edited on 12/9/12 by richard thomas]
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twybrow
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| posted on 12/9/12 at 07:46 PM |
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Blimey - that is a bit of a surprise... But I suppose they have been strategic partners for years. I think it is needed, as BAE have been in trouble
for years now - redundancies each year, cutting back on investment and stripping of assets etc. It is a shame it has to be bough out by a foreign
company, but short of someone like Rolls-Royce, I dont think any other group have the funds to take them on (GKN maybe...).
I suspect it will be a good thing in the long run - EADS have huge amounts of expertise that would benefit BAE, and visa versa, so I suspect we will
see the BAE name will remain rather than stripping the business of useful parts etc.
Best of luck to any BAE Systems employees we have on here!
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sdh2903
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| posted on 12/9/12 at 07:47 PM |
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I'm an ex British aerospace apprentice, best days of my working life. However it hasn't been a 'British' company for quite
some time. Saw the site at Woodford turn from a bustling aircraft production site to an empty shell which looks like it's going to be turned
into a housing estate.
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Xtreme Kermit
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| posted on 12/9/12 at 07:56 PM |
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I know the feeling... I now work on what used to be the aircraft site at Hatfiled. It's now a business park. Some bits were saved. The
management buildings have now been recycled as police station and court, the old security office is now a KFC, and the flight test hanger is a
gym...
Seriously though, I worry for Stevenage where i think both EADS and BEA have sites. Sounds like an opportunity to be 'synergised'
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vanepico
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| posted on 12/9/12 at 08:23 PM |
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My dad worked for BAE before part of it was sold to Finmechanica group, It's bloody Italian now! When'sa Your Dolmio Day?
__________________________
Will CAD for food/money/beer...
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andrew-theasby
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| posted on 13/9/12 at 06:19 AM |
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I'm just gutted I sold my shares a fortnight :-(
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renrut
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| posted on 13/9/12 at 07:09 AM |
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Working for a company that sells to both BAE and EADS I'm gonna have to keep an eye on this. Not sure it will make any difference to the company
I work for but you never know.
Why are all the fun things in life expensive!
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britishtrident
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| posted on 13/9/12 at 11:59 AM |
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BAE having been making what look from the outside very strange decisions for decades, for example buying Heckler & Koch then selling them.
I am only surprised EADS value BAe at 40% of the new company.
However you have to view a merger of BAe and EADS this against the mergers and sell offs, asset stripping and closures in the US defence and
civil aircraft industries.
[I] “ What use our work, Bennet, if we cannot care for those we love? .”
― From BBC TV/Amazon's Ripper Street.
[/I]
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