Merger of Daimler-Benz's aerospace interest, MTU, Dornier & two units of AEG.
In July 1989 the two AEG divisions were themselves merged within Deutsche Aerospace to form Telefunken Systemtechnik(TST).
In December 1989 Daimler-Benz acquired Messerschmitt-Bölkow-Blohm (MBB) and merged it into Daimler-Benz Aerospace.
Several companies continued to exist under their own names but by 1992 most (including MBB and TST) were fully integrated.
Defence consolidation became a major issue in 1998, with numerous linking various European defence groups — mainly with each other, but also with American defence contractors. It was nticipated that DaimlerChrysler Aerospace would merge with British Aerospace (BAe) widely ato form a pan-European aerospace giant, however BAe chose instead to merge with GEC's defenceelereportsctronics business, Marconi Electronic Systems. This move, to create a UK company compared to what would have been an Anglo-German firm, made the possibility of further penetration of the United States (US) defence market more likely. On July 10, 2000 DASA (minus MTU) merged with Aerospatiale-Matra of France and ConstruccionesAeronáuticas SA (CASA) of Spain to form the European Aeronautic Defence and Space Company (EADS). The former DaimlerChrysler Aerospace now operates as EADS Germany. TRANSITION TO EADS
BOEING LOCKHEED MARTIN FIN MECCANICA HONEYWELL INTERNATIONAL UNITED TECHNOLOGY CORPORATION EUROPEAN SPACE AGENCY NORTHROPGRUMMAN BAE SAFRAN COMPETITORS
Chicago-based Boeing, which merged with McDonnell Douglas in 1997, is the world's largest manufacturer of commercial and military aircraft Boeing's work force, over 150,000 strong, is distributed across 70 different countries. The company's sales totaled over $61 billion in 2006. Boeing is well-known for its large commercial jetliners, which represent approximately 75 percent of all airliners flying in the world today. BOEING
Lockheed Martin is a main player in the aerospace industry. The current incarnation of the company resulted from a 1995 merger between two other aerospace giants: Lockheed Corporation and Martin Marietta Corporation. In 2006, Lockheed Martin posted sales of nearly $40 billion. The Bethesda, Md.-based company employs approximately 140,000 people throughout the world. The company focuses on aeronautic design, development and manufacturing for both the military and public sectors and space systems development (space launches, satellites and strategic missiles), with the largest segment of its business coming from systems and Internet technology to support aerospace customers' need for integrated computer systems. LOCKHEED MARTIN
Finmeccanica is the main Italian industrial group operating globally in the aerospace, defence and security sectors, and is one of the world's leading groups in the fields of helicopters and defence electronics. Technology and innovation are the keystones of Finmeccanica's success and competitive edge Its aeronautical business also includes aircraft modifications and overhaul on behalf of the world's largest manufacturers. Finmeccanica is a world leader in the helicopter industry. It operates in this field through its subsidiary company AgustaWestland FIN MECCANICA
A smaller-scale, but still large, company in the aerospace industry is Honeywell. The company employs 40,000 people and has yearly sales that top $11 billion. The Phoenix-based company focuses on service solutions for larger manufacturers and airlines, providing engine and service solutions as well as integrated avionics for those segments of the industry. HONEYWELL INTERNATIONAL
The European Space Agency (ESA), established in 1975, is an intergovernmentalorganisation dedicated to the exploration of space, currently with 18 member states. Headquartered in Paris, ESA has a staff of close to 2,000 with an annual budget of about €3.6 billion in 2009. ESA became the market leader in commercial space launches in the 1990s. In recent years, ESA has also established itself as a major player in space exploration. ESA is an intergovernmental organisation of 18 member states, that participate to varying degrees in the mandatory and optional space programmes Currently the only associated member of ESA is Canada. Previously associated members were Austria, Norway and Finland, all of which later joined ESA as full members EUROPEAN SPACE AGENCY
Northrop Grumman (NG), headquartered in Los Angeles, is another major aerospace and defense player. Employing 120,000 throughout the world, the company's yearly sales are over $31.5 billion. The company also produces a wide range of satellites along with support for those products. The company's aerospace production includes both manned and unmanned aircraft, excellent for reconnaissance work. The company's business areas focus primarily on defense and technology systems. NG provides major information systems, such as: