Late Wednesday, an announcement regarding the merger of Europe’s two largest aerospace and military companies was made, following which different reviews were given.

According to the European governments and shareholders, this plan of creating a $49 billion behemoth to rival the likes of Lockheed Martin and Boeing, should be handled with caution. This projected ownership composition could be quite complex to control as there would a divided power among the strategic shareholders and governments of at least five countries.

On contrary, the analysts backed this merger saying that that it could bring a number of considerable and viable advantages to the country and of course to the military.

With the amalgamation of the French-German company European Aeronautic Defense and Space and BAE Systems of Britain, the civil and military aeronautics sectors will get a corresponding set of assets.

Sash Tusa, an aerospace analyst at Echelon Research and Advisory in London said, “There is an immense amount of uncertainty about the precise mechanics of this. There are a lot of players with an effective veto of a deal”.

Following the announcement on Thursday, the BAE systems were found at a downfall of 7.3% in London, whereas shares in EADS closed at 10.2% lower in Paris.