video transcript

It took thirty Tippett picking -- continual it -- space to defend sect you know -- -- -- Kate. Yeah eight yes parent company of plane -- -- us it -- it phones -- two persons -- and the yea you systems. In looking to finance industry giant with commercial -- military operations. Which could have more sales in the US why people -- To -- met Joseph what I think the fans to their costs and make it easier for them to deal with defense budget cuts well played solid that the Atlantic. As sell the citizen equity Yemen is simply rental thing. It completely changes the landscape for European defense -- European airspace in many ways. We did -- was previously justice are kind of majority civil aerospace companies and this has changed its size landscape and its core expirations. The contact deal would -- at Dickinson PH yes that's created in 2000. And did joint French engine control. But this no guarantee to -- through. Several sources have said US government officials are unlikely to -- the manager but it would throw -- many regulatory obstacles. Festival -- yes I'm BA systems both have about government such as our government and ships. So we're looking at eight yeses and by Germany and France and small ship or Spain. This means that they have to agree to the agreed to the deal for us. The -- one BA systems is and why UK government and has a long time and equipment golden share agreement. But there are specific programs the -- ring -- this -- to get -- Concerns about Arnold the deal could take to get through over that would even be approved seem to have told investors. He TSE stock tumbled us not to send Latin descent but -- east I'm more than 7%. Including from then BGC columnist says the deal makes sense to be a as defense spending is -- Yeah I guess -- -- abortion say. Intangible. And strategic reasons to want to gain expected to. The US like -- and reinforce its position defense so yeah I think you know that they're all gonna be used it as a shareholder level. And it looks to me is that shareholders in the -- it's unlikely to be people. Making the most noise. -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- --