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Wednesday, May 30, 2012

Airbus Military growing its product line

C295 AEW&CAirbus Military is growing its product line with new developments, such as gunships and airborne early warning aircraft, and is improving its existing offerings, such as the C295, as it adapts to changing market conditions.

Airbus Military, at its annual Trade Media Briefing in Spain, attended by defenceWeb, said that the military market for transport, special mission and tanker aircraft is a very irregular one with plenty of ups and downs and is compounded by shrinking military budgets, especially in the wake of the global financial crisis.

“Last year was a very difficult year for the industry,” said Antonio Rodriguez Barberan, Senior Vice President Commercial. “There are many challenges but with the right products, the right strategy...we’ll get through.”

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