Industry warned to merge or perish

The defence industry must merge or die, a British Aerospace executive at the Farnborough air show said. He played down talk of an immediate merger between BAe and Germany’s Dasa, but acknowledged that ‘the French are really scared’ of closer ties between the two firms, cutting out France’s state-owned Aerospatiale.

The defence industry must merge or die, a British Aerospace executive at the Farnborough air show said.

He played down talk of an immediate merger between BAe and Germany’s Dasa, but acknowledged that ‘the French are really scared’ of closer ties between the two firms, cutting out France’s state-owned Aerospatiale.