UK To Explore National Security Impact Of BAE-EADS Merger

Law360, New York (September 24, 2012, 6:27 PM EDT) -- Defense authorities in the U.K. expressed worries Monday that the proposed merger between BAE Systems PLC and Airbus parent European Aeronautic Defence & Space Co. could put a key U.K. company under foreign control and threaten some U.S. contracts, according to news reports.

U.K.-based BAE Systems and Dutch-owned EADS earlier this month announced they had begun merger talks that would spawn an aerospace and defense giant that could generate €73 billion ($94 billion) in annual revenues, with EADS to hold a 60 percent interest in the...
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