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.
Top Posts & Pages
- Host families prepare for Mississippi Braves’ season
- Ridgeland property rights tussle is expected to have wide impact
- JOSH MABUS — Mississippi’s Healthcare: Not a quality problem, a marketing problem
- Mississippi takes an incentives licking, keeps on ticking
- Investors in Northbrook complex say Ridgeland targeting its own collateral for demolition
- AWAITING ITS FATE: Gables complex may have to shrink to meet law
- HUNTER ARNOLD: Mississippi, Gulf Coast states focus on global business markets
- PHIL HARDWICK: When will Mississippi change its culture?
- Mississippi furniture makers on rebound with more exports