Military

Airbus Accuses US, Germany of Spying

Airbus A330-300
Source: Airbus Group NV
Airbus has filed a complaint against the German government, alleging that it complied with requests by the U.S. National Security Agency to spy on European countries and businesses. The aircraft maker said that it wants information from the German government about the allegations that have been reported in the German media.

The New York Times cited a statement from Airbus:

We are aware that as a major player in this industry we are a target for intelligence activities. In this particular case there appears to be a reasonable suspicion of alleged industrial espionage. We are alarmed by this.

German media reports allege that the country’s intelligence service, the BND, has gathered company information for years for the NSA. The BND is also accused of helping the NSA spy on European Commission and other government officials.

The NSA released a statement cited at CNNMoney acknowledging that it “does collect information about economic and financial matters, and terrorist financing.” However, the agency says:

What we do not do, as we have said many times, is use our foreign intelligence capabilities to steal the trade secrets of foreign companies on behalf of – or give intelligence we collect to – U.S. companies to enhance their international competitiveness or increase their bottom line.

German newspaper SĂĽddeutsche Zeitung said Thursday that there was only sporadic evidence of industrial espionage. Primary targets of the surveillance by BND were high-ranking officials in France and the European Commission. (Translation by Google Translate)

Airbus Group CEO Tom Enders told CNN, “Nobody knows right now what the truth is. If there’s so much smoke, I guess there must be fire someplace.”

ALSO READ: Did Boeing Outsmart Airbus on Super-Jumbo Planes?

Take This Retirement Quiz To Get Matched With An Advisor Now (Sponsored)

Are you ready for retirement? Planning for retirement can be overwhelming, that’s why it could be a good idea to speak to a fiduciary financial advisor about your goals today.

Start by taking this retirement quiz right here from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes. Smart Asset is now matching over 50,000 people a month.

Click here now to get started.

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.