VILLEPINTE, France – The CEO of EADS' defense and security division said Wednesday that the European company will keep financing its drone project until cash-strapped governments are able to commit.
EADS will keep ploughing its own funds into the project because to fall behind in this technology would mean being excluded from large parts of the defense industry, Stefan Zoller told The Associated Press.
The unmanned aerial vehicle or UAV business is currently dominated by the U.S. and Israel.
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