Second Round Of Bidding Opens For Tanker
By
The Associated Press
Published: Mon, March 10, 2008 - 3:10 pm
protesting a $35 billion Air Force tanker award it lost, saying it
has "serious concerns" about the fairness of the competition.
Boeing was debriefed by Air Force officials on Friday about why
EADS and Northrop Grumman won the high-stakes deal to replace 179
air-to-air refueling tankers. The award is the first of three major
Air Force contracts to replace its entire fleet of nearly 600 aging
tankers over the next 30 years.
Boeing has until Wednesday to decide whether to formally protest
the decision to the Government Accountability Office. A protest
could delay execution of the tanker contract by nearly a year.
Boeing's shares were down $1.30 at $75.30 Monday. And shares of
Northrop Grumman were up 11 cents at $79.12.
(Copyright 2008 by The Associated Press. All Rights Reserved.)
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Boeing is showing they are weak.