Russian State Bank Buys 5% Stake In Eads - Report (by Lumberton Aug 29 2006 in Civil Aviation)
Could this have adverse implications for EADS winning either the FCA or USAF tanker deal? After all, Russia is steadfast in selling arms to Iran. Some (if not all) in Congress could see them as an "enabler" of the Islamic theocracy in Teheran and their vitriolic campaign and undisguised hatred of the U.S, Israel, and the west in general. Granted, there is a much, much larger picture here--particularly WRT the close ties that have developed between Boeing and Russia over the years. However, in today's highly charged, toxic, and caustic political environment, anything can be demagogued (and not just in the U.S.).
Also, should the E.U. be concerned that Russia now has almost the same stake as Spain in their "crown jewel"?
EDIT: Came across this article (UK Times) after starting the thread....
Russian move on EADS rings alarms
The move may ring alarm bells across the Atlantic. EADS is an important defence contractor, owning the European helicopter maker Eurocopter and having a 37.5 per cent stake in MBDA, a missile maker. For the giant European group, defence is an increasingly important segment of its business, and the American market is vital.
All big Western defence companies nowadays have international links, with global export markets as well as financial interests in other defence companies. Nevertheless, the prospect of a Russian state interest in Europe’s biggest aerospace group may make the Pentagon pause before placing orders. Russia is no longer a Cold War adversary, but neither is it seen as a wholly reliable or benign ally. Global competition for political influence is as fierce as ever, and America has deplored the authoritarian tendencies of the Putin Government.
A stake of only 5 per cent would not seem to be threatening. But if Moscow were to increase its holding, this might raise questions about the consortium. The fear might be that defence secrets would be compromised or that Russia might gain advantage in the global competition for arms sales. This is an area where Russia still presents a formidable challenge to the West: its arms sales to the developing world are huge and of crucial importance in volatile areas such as the Middle East.
I'm sure there'll be speculation in the U.S. Press as well.
[Edited 2006-08-30 17:27:46]