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New York (AirGuideBusiness - Defense News) Oct 14, 2012

EADS EADS-BAE joint approach to defense is possible, EADS CEO says. EADS may work with Britain's BAE Systems on defense, says EADS' CEO, Tom Enders, a day after the firms dropped discussions of merging. In a letter to his employees, Enders wrote that "if anything, our relationship has been strengthened through this endeavor. This is an excellent basis for the further development of our business ties in the defense field." Oct 11, 2012

Lockheed Martin Lockheed will divide electronic business to save $50M. Lockheed Martin will split its electronic systems operations into two businesses in a move aimed at saving $50 million in part by cutting management jobs. Lockheed will divide the electronic systems operations into a Dallas-based...

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