You're right, the A380 could well be an excellent Euro product and will hopefully show Boeing

a thing or two.
However, it appears that the majority of R&D and design has now been completed - the areas though which technological advances are made - and what remains is a (hopefully long!) production activity - which is likely to produce less in terms of technical advances. Although, hopefully the UK-based skilled jobs in the production run will remain in this country.
Also BAE Systems (new name after it's merger with GEC Marconi Avionics a few years back) thinks that they have made their money out of their share in Airbus over the years - I understand that they are likely to make a healthy return over the amount they initially paid for their share.
Is DERA not now QinetiQ - and is still a UK organisation - I think

. Although, I suspect you're right about the Americans "obtaining" all those advances
