EADS strategy to stress Airbus commercial jets; defense, space revenues flat

Airbus parent EADS was poised on Wednesday to set out a two-tier strategy stressing growth in civil jetliners coupled with a forecast of flat defense and space activities throughout the decade. The European aerospace group has ditched efforts to balance civil and defense revenues, which are skewed heavily towards its Airbus. EADS previously said it plans in 2014 to change its name to Airbus to reflect growing reliance on the commercial jetliner division. EADS gave a taste of the changes in July after the collapse of merger talks with Britain’s BAE Systems in late 2012 prompted a strategy review.

    

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