EADS, or European Aeronautic Defence and Space Company is the second largest defense company in the world with revenues of over 30 billion euros. It owns, among other companies, Airbus, which is the make of the gigantic A380. It also created the Eurofighter and is competing for the U.S. Tanker bid worth about 100 billion dollars. It is the true European company.
Jack: Yo, I saw EADS is working on a stealth combat drone that can do Air to Air fights.
Daniel: Wow, Boeing is gonna shit their pants.
Egas is a meme originating from 4chan /b/. It spells sage backwards and it was also the 52m get. The meme is commonly used in situations where the person saying it is surprised.
example one:
model: *posts a pic*
girl: ugh egad she’s so pretty i wish i looked like her
example two:
friend: what’s that restaurant called again?
you: *cant remember*
you: ugh egad i forget