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tanker

Boeing's $30 billion tanker win: No flak from EADS

The decade-long war is over: EADS North America has conceded defeat to Boeing in the campaign to capture a multibillion-dollar deal to build a new aerial tanker for the U.S. Air Force.

Last week, the Pentagon announced that it had selected Boeing to build the next-generation KC-46A tanker in a long-term arrangement that could eventually be worth $30 billion. For starters, the Chicago-based aerospace titan is getting $3.5 billion to build the first four of a projected 179 of the new tankers. It has to deliver 18 by 2017.

"Boeing was a clear winner," Deputy Defense … Read more

Report: Air Force shuts Boeing out of $40 billion tanker deal

Boeing officials must be feeling a little bit like the New England Patriots after the aerospace giant on Friday lost out on a $40 billion Air Force deal.

According to The Wall Street Journal (subscription required to view full article), Boeing was considered the favorite to win a $40 billion deal to build midair refueling tankers for the Air Force, but lost out in the end to a consortium made up of Los Angeles-based Northrop Grumman and the European Aeronautic Defence & Space, parent company of jet maker Airbus.

"Boeing was heavily favored to win the contract," the … Read more