Top 10 Companies in France 2016

Posted in Top Brand Lists, Total Reads: 532
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7. EADS

European Aeronautic Defense and Space Company known as EADS is a major European Aerospace company registered in Netherlands with its headquarters situated in Toulouse, France.


Image: Wikimedia

It is also widely known as Airbus Group SE, which consists of three main business segments, named Airbus Defense & Space, Airbus, and Airbus Helicopters. EADS was originally formed in 2000 by the merger of three companies named Aerospatiale Matra, Construcciones Aeronauticas SA known as CASA and Daimler Chrysler Aerospace AG known as DASA.

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And, later in 2014, EADS was transformed as Airbus Group. Airbus group builds commercial and military aircraft, space equipment systems, missiles, propulsion systems, and various other defense used products. In terms of sales, Airbus group is the 3rd largest aerospace organization in the world after the other majors i.e. Boeing and Lockheed Martin.

The airbus group has a rigorous policy of doing things right on the first time, delivering the products on time to the clients. It also makes sure that safety is maintained at every step of its manufacturing process. It has developed the ability to minimize its costs and ensure the best quality in the design, manufacturing and performance of its aircrafts. The company has a range of aircrafts namely A320, A330, A340, A350 & A380. The company’s main aim is to become a leader in the commercial aeronautics and defense and space business, using its valued European heritage. In order to achieve it, the company is focusing on globalization, innovation, and value chain optimization & quality services, which will help in improving the performance and returns.

PARAMETERS:

Total Assets: $122.4 billion

Net Sales: $71.5 billion

Net Profits: $3.0 billion