EADS receives offers for A400M
PARIS — European defense and aerospace company EADS says it has received a new offer from seven member governments hoping to save the troubled A400M military transport plane program.
EADS spokesman Alexander Reinhardt says the company is now studying the offer and “we will answer it in due time.” He did not elaborate on the offer’s details or a timetable for a response.
Reinhardt said today that EADS received the offer Monday evening.
The company is pressing the governments of Belgium, Britain, France, Germany, Luxembourg, Spain and Turkey for clarity about the program that is billions over budget.
EADS has said it needs a decision so it can book its share of the cost overruns in its 2009 financial results to be released on March 9.
To sign up for Mississippi Business Daily Updates, click here.
FOLLOW THE MBJ ON TWITTERMy Tweets
Twang & Tourism: The Country Music Trail
Top Posts & Pages
- Retired judge to hear McDaniel's challenge of primary loss to Cochran
- PSC's Brandon Presley calls in-state nuclear waste dump a 'harebrained scheme'
- Officials set hunting dates for birds; expands dove season by 20 days
- State's jobless rate remains highest in U.S.
- Georgia-Pacific completes acquisition of SPG Holdings
- Former DMR manager pleads guilty to embezzlement
- GOLF ranks state's courses; Fallen Oaks, Dancing Rabbit make top 100
- Court ruling on Section 42 leaves taxpayers on hook for tax repayments
- Wisconsin man pleads guilty to illegal wildlife trapping