The marriage between EADS and BAE Systems is logical as the defence market shrinks further and the United States pivots towards Asia. The challenge will lie in the governments that influence these two firms.
The rumoured merger between EADS and BAE Systems is a reflection of longer term trends within the defence industry. But short term impediments will have to be overcome to ensure this deal goes through.
The proposed merger of BAE Systems and EADS has naturally attracted a number of concerns, from safeguarding sovereign defence industries to job cuts through rationalisation. But are these concerns with foundation?
Installed power on naval surface combatants has steadily grown over the past few decades. The principal reasons for this are two fold: ships have got larger and faster, and ships have more power demanding mission-systems.
There is an outstanding invitation from President George W. Bush Jr. to the United Kingdom, and other allies, to join the United States in a Global Ballistic Missile System. So far, Tony Blair has made no response, or at least, if he has, the nature of the response has not been made public. Many believe that, if there has been a response, it is along the lines of: "Ask me again after the election...
Sir David OmandSecurity & Intelligence Co-ordinator, Cabinet Office
Text of speech given at RUSI at the launch of the Homeland Security & Resilience Department
IntroductionThank you for inviting me to give the keynote speech at your emergency planning, security and business continuity conference as part of the RUSI Homeland Security and Resilience department. These are subjects at the...