UPDATE 1-Eurocopter unveils cost-cutting plan
* Plan aims to cut costs
* Company wants to improve cash generation
PARIS, Oct 22 (Reuters) - Eurocopter, the world's largest civil helicopter manufacturer, unveiled plans on Thursday to cut short-term costs by 200 million euros ($298.6 million) as part of a corporate response to the global financial crisis.
The division of European aerospace and defence group EADS EAD.PA said the plan would also improve cash by reducing inventories and redeploy some staff.
It did not say whether there would be any redundancies.
The programme -- dubbed SHAPE -- will also include measures to improve productivity and an increase in research and development budgets, the company said in a statement.
The Airbus sister company did not say whether production rates would be affected.
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