Reply With QuoteTweetInteresting. That's strange that the Pentagon give this market to an european company.
I would come but with a french contract
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JazzJackRabbit! Come work for EADS in the US
Tweet2nd UPDATE: Raytheon, EADS Pick Mobile For Aircraft Plant
Dow Jones 04/03/2006
Author: Rebecca Christie
WASHINGTON -- Raytheon Co. (RTN) and the European Aeronautic Defence and Space Co. (5730.FR) have picked Mobile, Ala., to house a new final assembly plant for two kinds of light cargo aircraft, the companies announced Monday.
The new site is the Mobile Regional Airport, adding to the EADS presence in the Mobile area. Last year, EADS and Northrop Grumman Corp. (NOC) said they would build and modify tanker planes in Alabama if they win an upcoming U.S. Air Force contest.
"EADS already has made a substantial commitment to the Mobile region," said EADS North America Chief Executive Ralph Crosby, citing a 20-job Coast Guard support center at the same airport as the new plant, as well as a new engineering center for Airbus (ABI.YY), which is 80% owned by EADS.
"These initiatives will be complemented and our investment significantly expanded by the Team JCA facility and the new CN-235/C-295 completion and delivery center," Crosby said. Alabama lawmakers welcomed the new initiative, with the state's governor and members of the congressional delegation attending the formal announcement.
The new cargo plane facility will about hire 150 workers if the two companies win an upcoming Pentagon competition. But the new site will add about 30 jobs no matter how the contest plays out, officials said. EADS pledged to set up a final aircraft delivery center at the new site.
Construction on the new delivery facility is slated to start in the second quarter of 2006, Crosby said on a media conference call. He declined to quantify the financial impact of the new investments.
EADS and Raytheon have joined forces to bid for the Pentagon's Joint Cargo Aircraft, a multibillion-dollar competition to supply the Air Force and the Army with small cargo planes. Defense officials say the program could include 150 aircraft or more aircraft for battlefield transport missions.
The EADS-Raytheon bid uses the C-295 and the CN-235 aircraft, which are built by CASA, a Spanish subsidiary of EADS. The Coast Guard and other U.S. buyers already have purchased more than 40 of the planes, and EADS hopes to add to its U.S. customer base.
The EADS planes are lighter and cheaper than their leading competitor in the coming cargo plane contest, the C-27J offered by L-3 Communications Holdings Inc. (LLL) and the Alenia unit of Finmeccanica SpA (FNC.MI). But the C-27J can carry more cargo and also uses engines similar to another Air Force Cargo plane, Lockheed Martin Corp.'s (LMT) C-130J.
L-3 and Alenia also plan to add U.S. facilities if they are chosen in the cargo plane competition. In a recent media conference call, company officials said they would make an investment of at least $200 million in a new U.S. location. A site search process is currently underway.
NO PAIN, NO GAIN
KNOW PAIN, KNOW GAIN
Established Resident
Re: JazzJackRabbit! Come work for EADS in the US
TweetInteresting. That's strange that the Pentagon give this market to an european company.
I would come but with a french contract
Elite FG Resident
Re: JazzJackRabbit! Come work for EADS in the US
Tweetyea get over here !
If bigger is better then im better than ever !
Established Resident
Re: JazzJackRabbit! Come work for EADS in the US
Tweetmy gf would be ok if we can bring the catslol
In fact I'm currently updating my resume. I'm thinking of changing of company. I'm since 5 years in the same company and youngs guys who start are paid the same!
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