EADS Eyes Vector Aerospace

25.03.2011 North America
EADS Eyes Vector Aerospace

EADS Eyes Vector Aerospace

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In light of recent statements in the press, EADS confirms that it has entered into an exclusivity agreement with Vector Aerospace Corporation.

Any transaction is subject to the finalization of due diligence and negotiations with respect to definitive transaction documentation and other customary conditions. There is no assurance that the negotiations will result in a binding offer being made for the shares of Vector Aerospace Corporation.

EADS intends to make no further announcements or comments unless the circumstances so warrant.

EADS is a global leader in aerospace, defense and related services. In 2010, the Group – comprising Airbus, Astrium, Cassidian and Eurocopter – generated revenues of € 45.8 billion and employed a workforce of nearly 122,000.
 
 



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