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ST Aerospace acquires 35% stake in EADS EFW

ST Aerospace has acquired a 35% stake in EADS EFW and plans to begin an Airbus A330 passenger-to-freighter (P2F) engineering development phase this month.

ST Aerospace has acquired a 35% stake in EADS EFW and plans to begin an Airbus A330 passenger-to-freighter (P2F) engineering development phase this month. The two companies in February 2012 signed an MOU for a strategic partnership to develop an A330 P2F conversion program. “EADS EFW will serve as ST Aerospace’s European maintenance, repair and overhaul center, leveraging the aerospace sector’s global network, track record and expertise in aircraft MRO and ...

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