Cassidian
Pioneering the future together
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| Operating Division | |
| Traded as |
Euronext: EAD BMAD: EAD : EAD Euro Stoxx 50 component |
| Industry | |
| Genre | Aerospace, Telecommunication and Electronics |
| Predecessor |
Airbus Military Astrium Cassidian |
| Founded | January 2014 |
| Headquarters | Toulouse, France |
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Number of locations
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35 countries |
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Area served
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Worldwide |
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Key people
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Dirk Hoke, CEO See more
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| Products | Earth observation, navigation and communication satellites, Interplanetary probes, Military aircraft, Satellite launch vehicles |
| Services | Cyber security, Military intelligence, One Atlas |
| Revenue |
 €14 billion pa(FY 2015–16)
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| Total assets |
€96 billion (FY 2015–16)
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Number of employees
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40,000 |
| Parent | Airbus Group |
| Subsidiaries | CRISA, Airbus Safran Launchers, and MBDA |
| Website | airbusdefenceandspace |
Airbus Defence and Space is a division of Airbus Group responsible for defence and aerospace products and services. The division was formed in January 2014 during the corporate restructuring of European Aeronautic Defence and Space (EADS), and comprises the former Airbus Military, Astrium, and Cassidian divisions. It is the world's second largest space company after Boeing and one of the top ten defence companies in the world.
Airbus Defence and Space has its corporate headquarters in Toulouse, France, and is led by Dirk Hoke, the Chief Executive Officer. The company is divided into three sections: Military Aircraft (led by Fernando Alonso), Space Systems (led by Nicolas Chamussy), and Communication-Intelligence-Security (led by Evert Dudok). With its presence in 35 countries, the company employs 40,000 people from 86 nationalities and contributes to 21% of Airbus Group revenues. In 2015 Airbus ranked 100th on the "Fortune Global 500" list, and was one of the "World's Most Admired Companies".
As early as 1995 the German aerospace and defence company DaimlerChrysler Aerospace (DASA) and its British counterpart British Aerospace were said to be eager to create a transnational aerospace and defence company. The two companies envisaged including the French company Aérospatiale, the other major European aerospace company, but only after its privatisation. The first stage of this integration was seen as the transformation of Airbus from a consortium of British Aerospace, DASA, Aérospatiale and Construcciones Aeronáuticas SA into an integrated company. However, the merger faltered, and British Aerospace abandoned the DASA merger in favour of purchasing its British rival, Marconi Electronic Systems, the electronics division of General Electric Company. The merger of British Aerospace and MES to form BAE Systems was announced on 19 January 1999 and completed on 30 November.
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Wikipedia