
Arlington, Virginia, March 17, 2006
John H. Young, Jr. has been named Chief Executive Officer of EADS North America Defense, placing a highly experienced industry executive at the helm of EADS North America’s business unit responsible for expanding the company’s presence in U.S. homeland and national security markets.
With Young’s appointment, David R. Oliver, Jr. returns to his primary responsibility as Executive Vice President and Chief Operating Officer of EADS North America and will continue to serve as a member of the EADS North America Defense Board of Directors.
Young comes to EADS North America Defense from Northrop Grumman Corporation, where he spent more than 32 years in various executive positions – most recently as the Corporate Vice President for Contracts and Pricing.
“John Young is an extremely valuable addition to EADS North America Defense, which currently is positioned to support key U.S. military and homeland security efforts, including the Army’s Light Utility Helicopter,” said Ralph D. Crosby, Jr., Chairman and CEO of EADS North America. “Dave Oliver’s leadership in launching EADS North America Defense has set the stage for our continued growth in the U.S.”
During his career at Northrop Grumman, Young led the company’s airborne early warning and electronic warfare (AEW&EW) systems efforts as Vice President and deputy business area leader in the Integrated Systems sector. In this executive role, Young was responsible for managing all aspects of electronic warfare projects, including the EA-6B Prowler and the Improved Capability III programs, as well the Prowler’s E/A-18G follow-on.
Other senior management positions for Young at Northrop Grumman included Vice President and CFO for AEW&EW Systems, Managing Director of the commercial and military products strategic business unit of the former Grumman Electronics Systems Division, and Program Vice President - Operations and Finance for Grumman's space operations.
Young served in the U.S. Marine Corps during the Vietnam War with the VMCJ-2 photo reconnaissance and electronic warfare squadron. He earned a Bachelor of Science degree in accounting from the New York Institute of Technology.
About EADS North America Defense
EADS North America Defense is a wholly owned subsidiary of EADS North America created in 2004 to manage and execute the company’s defense and homeland security activities in support of U.S. Department of Defense and other government customers. EADS North America Defense currently includes three business units: EADS North America Defense Test and Services, Talon Instruments, and EADS North America Defense Security and Systems Solutions.
About EADS North America
EADS North America is the North American operations of EADS, the second largest aerospace and defense company in the world. As a leader in all sectors of defense and homeland security, EADS North America and its parent company, EADS, contribute over $8.5 billion to the U.S. economy annually and support more than 174,000 American jobs through its network of suppliers and services. With 11 operating companies located in 32 cities and 17 states, EADS North America offers a broad array of advanced solutions to its customers in the commercial, homeland security, aerospace and defense markets.
Media Contact:
Guy Hicks
Vice President, Communications and Public Relations
EADS North America
Tel: 703-236-3300
E-mail: guy.hicks@eads-na.com