ARBS

Air-to-air Refuelling Boom System – a boom is a retractable metal tube for transferring fuel from a tanker to another aircraft in flight. EADS has designed an advanced air refuelling boom main structure, with a fly-by-wire control, a large refuelling envelope and an automatic load alleviation system.

Asymmetric warfare

Conflict between combatants with different characteristics, for example conventional forces and terrorists

ATV

Automated Transfer Vehicle – a space cargo vehicle which will supply the International Space Station with scientific equipment, spares and fuel, together with supplies of food, air and water. As prime contractor to the European Space Agency (ESA), Astrium is leading the ATV programme, a key element of the European contribution to the ISS.

Black Belt

EADS skills improvement programme

Clean Sky

Europe’s technology research programme designed to make air travel more sustainable

Corporate Business Academy

EADS’ proprietary business training college

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

CSR

Corporate Social Responsibility – the responsibility of a company towards its employees, the environment, its customers and the wider community

Deepwater

A comprehensive U.S. Coast Guard modernisation programme for acquiring new aircraft and surveillance systems

EADS Innovation Works

The Group-wide research centre

EBIT

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

Eco-efficiency

The term that describes balancing care for the environment with economic success

Eurohawk

High Altitude Long Endurance (HALE) Unmanned Air Vehicle (UAV) for Germany. Based on Northrop Grumman’s Global Hawk, it has been modified and specially equipped to national requirements through EuroHawk GmbH, an EADS Northrop Grumman joint venture.

EASA

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

ESA

European Space Agency

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

Hedge

A way of insuring against adverse foreign exchange rate fluctuations

KHP

Korean Helicopter Programme – an eight metric tonnes class military transport helicopter, developed in cooperation by Eurocopter and Korea Aerospace Industries for the Korean government

LCC

Low Cost Carrier

Lean production

The practice of production with minimum waste

Long-range aircraft

An aircraft capable of exceeding 3,000 nautical miles with a full payload at normal cruising conditions. Airbus’ long-range aircraft are the A330, the A340, the A380 and the A350.

LUH

U.S. Army programme for Light Utility Helicopters

MRTT

Multi-Role Tanker Transport aircraft

NASA

National Aeronautics and Space Administration – the U.S. space agency

NATO

North Atlantic Treaty Organisation

OECD

Organisation for Economic Co-operation and Development

PHENIX

Programme for harmonising EADS programme management

Power8

Turnaround programme to restore Airbus’ competitiveness

PPP

Public Private Partnership

R&D

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

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

Ramp-up

The process of increasing a production programme’s level of activity

Security

State security designed for border security, crisis management and large event protection

Shared Services

Central functions such as Human Resources that are shared across EADS

Single-aisle aircraft

An aircraft with one aisle. At Airbus, single-aisle is used for the A320 Family

Skynet 5

The programme to provide the U.K. Ministry of Defence with three secure communications satellites

UAV

Unmanned Aerial Vehicle

Vision 2020

EADS’ strategic vision for the next 12 years