Emerging markets may not have all the technological know-how in civil aerospace, but from China across the world to Brazil, they do have the cash.
from Summit Notebook:
It might well have been the business divorce of the year, but it seems there are no hard feelings between the heads of defense contractors Northrop Grumman and jilted European partner EADS.
from Tales from the Trail:
There were three big stories competing for our attention in Washington today. The first was the tragic death of former Senator Ted Stevens in a small plane crash in his home state of Alaska. Stevens, the longest serving Republican senator ever, was on a fishing trip with Sean O’Keefe, the North American chief of European aerospace giant and Airbus maker EADS, who was among the survivors.