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Industry News

EADS SPACE GOES DUTCH

December 7, 2005
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The EADS SPACE group of companies has acquired Dutch Space BV, the largest space company in The Netherlands and a leading international space industry supplier. This transaction confirms EADS' leading role in the European space business as it now integrates space industry in five European countries.

Dutch Space, formerly part of the Fokker group, was established as an independent company in 1995, and has nearly 300 employees. Upon completion of the acquisition, it will be part of EADS SPACE Transportation, for which it is currently an important supplier. The business will be integrated into EADS SPACE's European network of centers of excellence, whilst retaining the national character and strengthening the position of Dutch Space on the marketplace.

"We are delighted that Dutch Space is joining EADS SPACE. The company has a long and successful history in the space business and will be an excellent asset to our portfolio," said Fran├žois Auque, CEO of EADS SPACE and member of the EADS Executive Committee. "Its integration into EADS SPACE further strengthens the company's prime and product leading role in The Netherlands."

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