March
8th
Boeing rival to pull out of tanker competition
WASHINGTON – Northrop Grumman will announce later today it will not bid on a $35 billion contract to start replacing the Air Force’s aging fleet of aerial refueling tankers, Rep. Norm Dicks, D-Wash., confirmed
The decision by Northrop Grumman does not automatically mean Boeing will win the contract. There were reports the European Aeronautic Defense and Space Co. (EADS), the parent company of Airbus, might consider bidding. But Dicks said he didn’t think that was likely.
Northrop Grumman is expected to make its announcement after the financial markets close.
Northrop Grumman had teamed with EADS and offered a tanker based …

