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July 10

Aerospace Giants Merge: EADS Rises as Global Power

Three companies from countries that bombed each other fifty-five years earlier—France's Aérospatiale-Matra, Germany's DASA, Spain's CASA—signed merger papers creating EADS on July 10, 2000. Worth €19 billion overnight. The new aerospace giant employed 89,000 people across borders that once required passports and suspicion. It controlled Airbus, making Boeing sweat for the first time in decades. And the headquarters? Split between Paris, Munich, and Madrid—because some wars you win by refusing to pick a single capital.

July 10, 2000

26 years ago

What Else Happened on July 10

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