BOSNet

Digital radio network for security authorities and organisations (BOS) in Germany

CAGR

Compound Average Growth Rate – a measure of average growth rate over a number of years

CBA

The EADS Corporate Business Academy

C4ISR

Command, Control, Communication, Computers, Surveillance and Intelligence Systems for defence forces

Clean Sky

Research programme plan for greener generation of European Air Transport. Its purpose is to demonstrate and validate the technological breakthroughs that are necessary to reach the environmental goals set by the Advisory Council for Aeronautics Research in Europe.

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

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

EBIT

Earnings Before Interest and Taxes – EADS uses EBIT pre-goodwill impairment and exceptionals as a key indicator of its economic performance

EASA

The European Aviation Safety Agency – responsible for the advancement, safety and regulation of civil aviation

ESA

European Space Agency

ESOP

Employee Share Ownership Programme

ETC

EADS Executive Technical Council, responsible for top-down implementation of technology strategy through Divisions and Business Units

Expert Initiative

Joint initiative of R&T (Research and Technology) and HR (Human Resources) to identify technical experts and offer them career opportunities similar to those of managers

FAA

The US Federal Aviation Authority – responsible for the advancement, safety and regulation of civil aviation

FAL

Final Assembly Line

FITS

Fully Integrated Technical System – core of a complex weapon system that ranges from maritime surveillance to the most complete configurations of antisubmarine warfare

Fly-by-wire

An aircraft control system relying on electronics rather than mechanical linkages

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

Hedge

A way of insuring against adverse foreign exchange rate fluctuations

Innovation Works

EADS innovation efforts are now organised into a network, led by an entity called “EADS Innovation Works”

ISO

International Organization for Standardization – a global network that identifies what International Standards are required by business, government and society, develops them in partnership with the sectors that will put them to use, adopts them by transparent procedures based on national input and delivers them to be implemented worldwide

Kyoto Protocol

The United Nations agreement under which countries can commit to reduce their emissions of carbon dioxide and five other greenhouse gases

LIFE

Financial Instrument For the Environment – a European financial programme for ­supporting the development and implementation of European policy on the environment and sustainable development.

LCC

Low Cost Carrier

LUH

US Army programme for Light Utility Helicopters

MEADS

Medium Extended Air Defence System – a ground-based air defence system

MoD

Current abbreviation for Ministry of Defence

MRTT

Multi-Role Tanker Transport aircraft

NASA

National Aeronautics and Space Administration – the US space agency

NATO

North Atlantic Treaty Organisation

PAMELA

Process for Advanced Management of End of Life Aircraft – led by Airbus, the project associates SITA France, EADS Sogerma, EADS Innovation Works and the Préfecture des Hautes Pyrénées and aims to establish a benchmark for the environmentally ­friendly recycling and ­re-use of 85% to 95% of an aircraft

Power8

Turnaround programme to restore Airbus’s competitiveness

PPP

Public Private Partnership

PRM

Programme Risk Management

R&D

Research and Development – all activities related to the evolution of new products and services

RTK

Revenue Tonne Kilometres – a measure of overall airline volume. It is calculated by multiplying the number of tonnes of revenue load (passengers, baggage, freight and mail) by the flight stage distance.

R&T

Research & 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

Single-aisle aircraft

Aircraft with one aisle, such as the Airbus A320 Family

SIP

Stock Incentive Plan

SOP

Stock Option Plan

UAV

Unmanned Aerial Vehicle