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EADS CEO predicts more defence industry consolidation

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EADS CEO Enders attends the European Defence Agency annual conference in BrusselsBy Adrian Croft BRUSSELS (Reuters) - The chief executive of European aerospace firm EADS , predicted more shake-ups in the defence industry on Thursday as he painted a gloomy outlook for the sector both domestically and in export markets. "I think there will be more consolidation happening, but we had one prominent example last year where industry tried to provide some meaningful consolidation and politics interfered," CEO Tom Enders said, speaking at the European Defence Agency's annual conference. He was referring to last year's failed $45 billion (29. ...



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