Back £28bn merger, bosses urge

AOL Money Staff
BAE Systems
BAE Systems


The chief executives of Britain and Europe's largest defence and aerospace firms have issued a plea for political support for their proposed £28 billion merger, saying now is the time to do it.

Ian King, chief executive of BAE Systems and Tom Enders, his EADS counterpart, appealed for political support for the plan, saying it would create a global company that would be more than the sum of its parts.