EADS Defence Electronics brings IT services into line with globalisation - cooperation with Hewlett-PackardMunich, 22 February 2002 The EADS European Aeronautic Defence and Space Company is reorganising internal information processing at the locations of its Systems & Defence Electronics Business Unit in Ulm, Munich, and Friedrichshafen. As the company announced on Friday, the EADS Systems & Defence Electronics Business Unit (S&DE) is transferring its commercial information processing to Hewlett-Packard. The agreement will be limited initially to a period of five years. This reorganisation is in line with the restructuring and the globalisation strategy of the business unit that was announced last year. It is intended to lead to considerable reductions in costs and to greater flexibility within internal procedures. The cooperative venture covers the operation, maintenance, care, and development of the IT applications and infrastructure. Hewlett-Packard will accordingly set up new branches at the S&DE locations, and will take over about one hundred members of the EADS IT staff. The restructuring will therefore not involve any reductions in the workforce. In its new branches, Hewlett Packard will be making efforts to develop additional business with other firms, some of whom are already to be found at the EADS locations mentioned above. "Our aim is to provide better support for the business processes in carrying out the strategic reorientation and internationalisation of the business unit, and to make considerable reductions in the cost of IT services and project services," says Stefan Zoller, President and CEO of the business unit. With revenues amounting to EUR 30.8 billion in 2001 and a workforce of around 100,000, the EADS European Aeronautic Defence and Space Company is the largest aerospace and defence company in Europe and the No. 2 worldwide. Munich, 22 March 2002
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