CAD Nightmare Continues To Haunt AirbusBy Doug Bartholomew Print
French securities regulator to file charges against the makers of Airbus stemming
from delay due to CAD software snafu.
It seems old software blunders never die. At least that’s the way it must feel at Airbus, the aerospace manufacturing unit of European Aeronautic Defence & Space Co. (EADS).
Earlier this week, French stock market regulators said they would press insider trading charges against 15 present and former executives at EADS and Airbus as a result of an investigation into manufacturing delays and cost overruns in its A380 double-decker, superjumbo jet program.
The manufacturing snafu the company encountered in the
latter half of 2006, which Airbus figured cost the company $6 billion in lost
profits, stemmed in large part from the four-nation aerospace consortium’s
botched use of computer-aided design (CAD) software.
The use of two different versions of the same CAD program, Dassault Systèmes
Catia, at its jet manufacturing operations in
Following an Airbus announcement on
The French government holds a 15 percent stake in EADS. Lagardère owns 7.5 percent. Daimler is the largest EADS investor, with 22.5 percent.
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