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DASA AG, the German areospace unit of DaimlerChyrysler AG (DAJ), will merge with France's Aerospatiale Matra S.A., Daimler Chrysler executives announced today.
The merger of the German and French companies will create Europe's biggest aerospace firm and the world's third-largest aerospace company, analysts said. The other two are Lockheed Martin Corp. (LMT) and The Boeing Co. (BA)...