Strategy also applies to corporations.
BAE Systems (formerly British Aerospace) is selling its 20% stake in Boeing's arch-rival Airbus. The deal could be worth between $5.0-7.5 billion when all is said is and done, and BAE's CEO says it's intended to free up resources for more aggressive pursuit of the transatlantic defense market (i.e. America). That's interesting in and of itself, especially after their multi-billion 2005 acquisition of M2 Bradley and M113 manufacturer United Defense LP.
My DID article explains what's going on, and looks at the corporate strategy and issues underlying BAE's calculations. Q: What does BAE's sale of its Airbus stake have to do with increasing numbers of US military aircraft that are older than their pilots? DID suggests a potential answer....
