Inflated acquisition prices, transatlantic tensions with the Pentagon and an increasingly hostile legislative environment threaten to hamper BAE Systems' intent to fully cash in on selling its Airbus share to fund a further U.S. acquisition. The move to sell its 20% share in Airbus to EADS, the majority shareholder in the commercial aircraft manufacturer, reflects BAE's continuing focus on the U.S. defense market, at the expense of Europe.
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