In what would be a blockbuster shakeup of Europe’s aerospace industry, Britain’s BAE Systems and Airbus-owner EADS announced on Wednesday that they have entered advanced merger talks to create an industry behemoth that would overtake rival Boeing in global sales.
The proposed deal, the biggest in Europe since the 2000 merger that created EADS under joint French and German control, would have sweeping implications for the defense industry, where both companies are major players.
