EADS opens U.S. corporate officeWorld's third largest Defense and Aerospace Company establishes presence in Washington Washington DC, 17 April 2001 EADS, the European Aeronautic Defence and Space Company, today officially opened its U.S. corporate office in Washington, DC. EADS is the world's third largest defense and aerospace company with annual worldwide sales exceeding $21 billion, and more than 88,000 employees. "Establishing a formal Washington presence for EADS is more than a symbolic gesture; it is a corporate commitment to strengthening our transatlantic ties and grow our U.S. economic contribution," said CEOs Philippe Camus and Rainer Hertrich. "Our impressive portfolio of companies and products will only be stronger as we focus more on the North American market. It is a logical strategic step for EADS." The Washington office helps coordinate the overall efforts of EADS companies in the United States, particularly by building partnerships with U.S. industry for both government programs and commercial projects. EADS, with more than a dozen subsidiaries in the United States, has a diverse, well-established customer base here, and employs more than 1,500 U.S. citizens. EADS contributes more than $4 billion annually to the U.S. economy through its subsidiaries and suppliers. Its subsidiaries in the United States include the following:
"EADS certainly has a presence in the U.S. marketplace, but more work remains to be done," said Manfred von Nordheim, chairman and chief executive officer of EADS, Inc., which is the formal name of the EADS corporate representative in the United States. "I look forward, in particular, to building new relationships with the U.S. administration and Defense Department and expanding upon our established ties with U.S. industry partners." About EADS EADS, the European Aeronautic Defence and Space Company, was created in July 2000 through the merger of Aerospatiale Matra, CASA and DaimlerChrysler Aerospace. As the largest aerospace company in Europe, and the world's third largest, EADS is a top performer in all sectors of defense and aerospace markets. EADS contributes more than $4 billion to the U.S. economy annually with subsidiary locations in 28 U.S. cities in 16 states, as well as hundreds of suppliers across North America. To learn more, visit the EADS Web site at www.eads.net. For immediate release: North American contacts
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