EADS

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Annual Review

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Air-Ground surveillance A NATO ground surveillance system for combat monitoring
ARBS Aerial Refuelling Boom System with fly-by-wire controls, including an automatic load alleviation system, giving a larger refuelling envelope and improved controllability. The ARBS will place EADS in the forefront of air refuelling technology
ASK Available Seat Kilometres
ATI Advanced Technology Initiative – a Group-wide drive to increase efficiency in innovation, research and technology
ATV The Automated Transfer Vehicle (ATV) is a multipurpose support spacecraft to carry supplies and fuel to the International Space Station (ISS)
AVL Airbus Visual Line System
CBA The EADS Corporate Business Academy
C4ISR Command, Control, Communication, Computers, Surveillance and Intelligence Systems for defence forces
Chapter 11 bankruptcy Chapter 11 of the US Bankruptcy Code protects a bankrupt company from its creditors while it reorganises its businesses with a view to becoming profitable again
Corporate Governance The control and monitoring of a company to ensure that management acts in the interests of stakeholders, no undue risks are taken and relevant legislation is complied with
COTS Commercial off the shelf
CRC EADS Corporate Research Centre
CSR Corporate Social Responsibility – the responsibility of a company towards its employees, the environment, its customers and the wider community
Deepwater A comprehensive US Coast Guard modernisation programme for acquiring new aircraft and surveillance systems
DoI Declaration of Intent
EBIT Earnings Before Interest and Taxes – EADS uses EBIT pre-goodwill impairment and exceptionals as a key indicator of its economic performance
EGAS European Guaranteed Access to Space
ESA European Space Agency
ESOP Employee Share Ownership Programme
EuroMALE A versatile, long-range Unmanned Aerial Vehicle produced by EADS
FAA The US Federal Aviation Authority
FITS Fully Integrated Technical System
Fleet commonality A feature of the Airbus family, allowing airlines to operate type variants of different sizes, while minimising the need for pilot re-training and re-certification
Fly-by-wire An aircraft control system relying on electronics rather than mechanical linkages
FSTA The UK Future Strategic Tanker Aircraft programme
Galileo The European satellite navigation system currently being developed
GBAD The new UK Ground Based Air Defence System designed to improve the country’s air defence systems
GDP Gross Domestic Product –a measure of an economy’s output
Global security State security designed for border security, crisis management and large event protection
HAD Hélicoptère d’Appui Destruction (Support Suppression Helicopter)
Hedge A way of insuring against adverse foreign exchange rate fluctuations
Hub A major, strategically-located airport from which ‘spokes’ radiate carrying regional traffic
IATA International Air Traffic Association
ICAO International Civil Aviation Organisation – the ‘United Nations’ agency for international civil aviation
ISS The International Space Station
JCA US Army and US Air Force Joint Cargo Aircraft
KHP Programme to replace the ageing fleet of US transport and liaison helicopters operated by the Korean army
KPI Key Performance Indicator – a measure of corporate performance in a particular area
LSI Large System Integration
LUH US Army programme for Light Utility Helicopters
MALE Medium Altitude Long Endurance UAV
MEADS Medium Extended Air Defense System – a ground-based air defence system
MOU Memorandum of Understanding
MRO Maintenance, Repair and Overhaul – referring to the aviation industry
MRTT Multi-Role Tanker Transport aircraft
NASA National Aeronautics and Space Administration – the US space agency
NATO North Atlantic Treaty Organisation
Network centric Information superiority is becoming ever more important in defence. ‘Network centric’ systems allow armed forces to tackle new tasks in reconnaissance and surveillance, sensor technology, and command and communications
OCCAR Organisation Conjointe de Coopération en Matière d’Armement (Organisation for Joint Armament Cooperation)
PFI The Private Finance Initiativeis a project where the public sector procures services from the private sector. The public sector defines the output it desires and the private sector then derives the solution to provide the required services
PPP Public Private Partnership
PRM Programme Risk Management
R&D Research and development – all activities related to the evolution of new products and services
R&T Research and technology – all activities in the field of research and generic technologies not directly attributable to products, and designed to maintain or expand knowledge or the technological base
RPK Revenue Passenger Kilometres
Single-aisle aircraft An aircraft with one aisle. At Airbus, single-aisle is used for the A320 Family
SIP Stock Incentive Plan
SOP Stock Option Plan
SRTC Singapore Research & Technology Centre, extension of the EADS research organisation to manage and broker projects in close co-operation with Singaporean scientific institutions
TETRA Terrestrial Trunked Radio, one of the most important modern digital radio standards and in use throughout the world in the areas of public transport and safety. It also has widespread industrial applications. The TETRA system provides secure, truly seamless radio communication services for the users
Triple I Improvement, Internationalisation, Innovation, are the driving principles of EADS’ growth strategy: Continuous improvements are key to ensure fulfilment of expectations. Internationalisation will make EADS part of the most attractive markets. Innovation creates competitive advantage for EADS’ customers
UAV Unmanned Aerial Vehicle
UCAV Unmanned Combat Aerial Vehicle