It is among the world's largest defence contractors; it ranked as the second-largest based on applicable 2012 revenues.
Those of Europe's largest defence contractor, BAe, are $6.5 billion.
One of the world's largest defence contractors, Raytheon, agrees.
We would still have one of the world's largest defence budgets, including nuclear weapons.
"We have the fourth largest defence budget anywhere in the world.
Sir Roger, who already chairs BAE Systems, Britain's largest defence contractor, is ready for take-off.
Mitsubishi Heavy Industries, Asia's largest defence company, is also keen on getting involved in the project.
The forecast for completion of the 15 largest defence projects increased by £466m last year alone.
He joined Lockheed Martin, one of the world's largest defence contractors, as senior vice-president.
The UK was the second largest defence exporter in the world in 2013.
The merger of BAE and EADS would create the largest defence contractor in the world.
