EADS North America CEO Sean O'Keefe Issues Statement

New Post Public Reply Private Reply Replies (0) Message Board
testuser
EADS North America CEO Sean O'Keefe Issues Statement Regarding Proposed UH-72A Lakota Helicopter Program Reduction

HERNDON, VA--(Marketwired - Apr 11, 2013) - EADS North America Chairman and CEO Sean O'Keefe issued the following statement regarding the proposed reduction of the Army's UH-72A Lakota helicopter program from the 41 aircraft remaining to be purchased down to just ten:

"During times of budgetary pressure, an extremely successful program like the Lakota -- with its demonstrated low cost and unbroken record of on-time and on-cost deliveries -- ought to be the last program slated for reduction. 

"Much of the unprecedented success of Lakota comes from the fact that over half of the workforce are U.S. military veterans. These dedicated men and women help all members of the Lakota team remember who we are working for and why. 

"Their military service underpins and is reflected in our deep personal commitment to the Lakota program. Accordingly, we intend to fight for the opportunity to deliver the full program complement of Lakota helicopters to our men and women in uniform."

Manufactured in Columbus, Miss., the Lakota is the Army's newest helicopter, with the lowest cost to fly, own and operate of any U.S. military helicopter in production. Every Lakota -- including 249 aircraft for the Army and National Guard, and an additional five for the U.S. Navy -- has been delivered on budget and on or ahead of schedule.

About EADS North America EADS North America is the U.S.-based operation of EADS, a global leader in aerospace, defense, and related services. EADS contributes more than $14 billion to the U.S. economy annually and supports over 225,000 American jobs through its network of suppliers. EADS North America, headquartered in Herndon, Va., offers a broad array of advanced solutions to meet U.S. military and commercial requirements, including fixed- and rotary-wing aircraft, homeland security systems, public safety communications, defense electronics and avionics, and threat detection systems.

About American Eurocopter American Eurocopter is a helicopter manufacturer that produces, markets, sells and supports the broadest range of civil and para-public helicopters offered by any manufacturer in the United States. The company is a subsidiary of EADS North America Holdings, the North American operations of EADS, a global leader in aerospace, defense and related services, and is an affiliate of Eurocopter, the largest helicopter manufacturer in the world. American Eurocopter's product line represents the most cost-effective, technologically-advanced helicopters, ranging from light single to heavy twin, serving all markets and missions. Company headquarters and main facilities are located in Grand Prairie, Texas, with a large manufacturing and production facility in Columbus, Miss., that produces the UH-72A for the U.S. Army's Light Utility Helicopter program.

About EADS EADS is a global leader in aerospace, defence and related services. In 2012, the Group -- comprising Airbus, Astrium, Cassidian and Eurocopter -- generated revenues of EUR 56.5 billion and employed a workforce of over 140,000.

Contact Guy Hicks Office 1-703-466-5734 guy.hicks@eads-na.com Mobile 1-202-256-0769 James Darcy Office 1-703-466-5692 james.darcy@eads-na.com Mobile 1-571-214-1722 www.eadsnorthamerica.com

Investors-Hangout-Stock-Message-Boards-thumbnail-2015.png

test123 kjk
Scroll down for more posts ▼

Top 10 Most Recent News Articles

Corra Group Expands Global Hiring with Int'l Screening

Updated Category News Views 18

Global Workforce, Global Challenges Jumping into the international hiring scene can feel like trying to piece together a puzzle with missing parts. You've got candidates with histories in every corner of the globe, each place following its own playbook. It's not like you can just run your standard checks and call it a day. Corra Group, stepping up to the plate, has now...

Continue Reading
Pangaea's Q3 2026: Record TCE Rates and Profits

Updated Category News Views 16

Unpacking Pangaea's Stellar Q3 Performance Ah, the shipping industry—an ocean of numbers too vast for many, but Pangaea Logistics Solutions Ltd. (NASDAQ: PANL) has shown it knows how to chart a course through complex waters. The company announced mighty fine results for the third quarter of 2026, and folks, if you're looking for a cup of optimism in the logistics...

Continue Reading
ASCAP's Bold New Mental Health Move for Creators

Updated Category News Views 68

Here's something that'll catch your interest if you're in the business of creating music and keeping sane while doing it. ASCAP, the big cheese in the music world, has teamed up with Project Healthy Minds to roll out a heavy-duty mental health benefit for its members. Nothing short of a lifeline for those riding the emotional rollercoaster of the music biz, let me tell...

Continue Reading
NORROY's Radiopharma Innovations: EANM Highlights

Updated Category News Views 101

Breaking Ground: NORROY's Radiopharmaceutical Innovations If you thought the radiopharmaceutical game was stuck in the same ol' rut, NORROY Bioscience just flipped the script. Standing out at the 39th Annual Congress of the European Association of Nuclear Medicine (EANM'26) in Vienna, they trotted out enough breakthroughs to make you wonder if they're secretly running on...

Continue Reading
GoldMining Ramps Up São Jorge Environmental Work

Updated Category News Views 84

GoldMining's Next Big Step in Brazil GoldMining Inc. is rolling up its sleeves in Brazil, diving headfirst into environmental and socioeconomic baseline studies pivotal for the São Jorge Gold Project. Right here, folks, we're seeing the groundwork for what could be a major leap forward. Anyone keeping an eye on TSX:GLDG might be sniffing what's cooking, especially when...

Continue Reading
Sharon Bowen Honored; e.l.f. Beauty Hits 31 Quarters

Updated Category News Views 134

Markets Stir as NYSE Chair Earns Lifetime Award While the financial world often gets lost in numbers, sometimes it's the people who stand out. NYSE Chair Sharon Bowen is taking the spotlight with her lifetime achievement award, underscoring her game-changing influence in governance. This is more than just a pat on the back; it's a nod to the force she’s been in steering...

Continue Reading
Hyperliquid Strategies Navigates High Stakes in Fintech

Updated Category News Views 16

Hyperliquid's Bold Moves in a Volatile Market Hyperliquid Strategies Inc (NASDAQ: PURR) isn't just sitting on the sidelines, folks. They're not dipping their toes, they're cannonballing into the deep end, reporting impressive financial strides as Q3 2026 wraps up. Deploying a whopping $802 million and filing to become a futures commission merchant? That's like setting the...

Continue Reading
Risk Map 2027: Navigating Travel Safety Worldwide

Updated Category News Views 103

Navigating the Complexities of Global Travel Safety Here's the thing folks—a traveler's peace of mind isn't just about sun hats and passports anymore. We're talking pressing global safety dynamics as revealed in the 2027 Risk Map. This ain't your average vacation checklist; it's a deep dive into the evolving tapestry of global security. Whether you’re hopping from the...

Continue Reading
Vermiculus Taps New CISO Amid Index Engine Launch

Updated Category News Views 46

Vermiculus Ups Its Security Game You ever wonder why a company decides to beef up security? Well, Vermiculus ain't leaving anything to chance as they roll out new tech. They've named Alexander Kilian the Chief Information Security Officer. Yep, Kilian's stepping into the ring, and no one’s treating this like a sidebar gig. This market tech outfit isn't just polishing...

Continue Reading
GaNrich: Gallium Nitride Game-Changer Expands Global Reach

Updated Category News Views 137

Rattling the Silicon Cage: GaNrich's Transformative Climb Well, folks, here's a story that makes even the most stoic traders sit up and take notice: GaNrich Semiconductor, a Taiwan-based trailblazer, is serving a wallop to the traditional silicon power device monopoly. By expanding their GaN power device portfolio to cover voltages ranging a whopping 40V to 1200V, GaNrich...

Continue Reading

Top 5 Most Recently Viewed Articles

Child Safety Seats Market to Surpass $5 Billion by 2033

Updated Category News Views 65

Analysis of the Child Safety Seats Market and Future Predictions Allied Market Research has recently shared an in-depth report on the child safety seats market, highlighting impressive growth forecasts. The market, valued at $2.5 billion in 2023, is projected to climb to $5.1 billion by 2033, which translates to a compound annual growth rate (CAGR) of 7.5% from 2024 to...

Continue Reading
Discovering Cleveland's Innovative Craft Beverage Landscape

Updated Category News Views 67

Cleveland's Craft Beverage Revolution Cleveland's craft beverage scene is experiencing a remarkable transformation, captivating the attention of local residents and visitors. As more people seek unique drinking experiences, establishments dedicated to craft beers, wines, and spirits are gaining popularity. Notably, innovative self-pour venues are leading the charge,...

Continue Reading
Investors in V.F. Corporation Urged to Act Before Deadline

Updated Category News Views 346

Important Information for V.F. Corporation Investors For investors concerned about their holdings in V.F. Corporation, there is critical news regarding a class action lawsuit. This lawsuit is significant for those who have suffered financial losses exceeding $100,000. The firm Kahn Swick & Foti, LLC is spearheading this effort, and former Louisiana Attorney General...

Continue Reading
JULABO USA Celebrates Recognition as a Top Employer in PA

Updated Category News Views 141

Exciting Recognition for JULABO USA Recently, JULABO USA received a remarkable accolade, having been named one of the best places to work in Pennsylvania. This prestigious recognition comes from two respected publications, the Central Penn Business Journal and Lehigh Valley Business, through a collaborative effort with Best Companies Group. A Message from the President...

Continue Reading
Reckitt Benckiser Group plc Faces Class Action: Investors Take Action

Updated Category News Views 151

Reckitt Benckiser Group plc Under Class Action Lawsuit Investors of Reckitt Benckiser Group plc (RBGLY) who suffered losses are being alerted to a class action securities lawsuit. This development is significant for shareholders who may have been impacted by recent corporate events involving the company. Class Action Comprehension The lawsuit focuses on recovering losses...

Continue Reading