Boeing Defence CEO Says BAE-EADS Merger Needs Scrutiny
September 19, 2012
A merger of Europe's EADS and Britain's BAE Systems Plc would raise national security and industrial questions and should be reviewed carefully by government regulators, the head of Boeing Co's defence operations said on Wednesday.
"We would expect that to be subjected to all the normal regulatory scrutiny," Dennis Muilenburg told Reuters at the annual Air Force Association conference. "There are ... national security questions, industrial questions, and those will have to be dealt with."
"This is a serious matter that needs to be scrutinized," Muilenburg said, adding that it was difficult to comment further until the two companies released details of the proposed structure of the combined company.