Market bets on new tanker competition
Filed under: Boeing, Contract Awards, EADS, GAO, Northrop Grumman Corp., Protest, U.S. Air Force, commercial aviation, development program, logistics, production program
EADS shares are down in Europe, and I am sure Northrop Grumman’s will also drop today. See this article. The market is assuming that the Air Force will follow the GAO’s recommendation and reopen the competition. EADS performance has been heavily affected by the delays to the A380 and the scandals with their management. Also they have labor issues as they try to sort out the French-German split and make themselves more efficient. There is still a good chance that EADS will win the new competition.
No announcement today either on KC-X
Filed under: Boeing, Contract Awards, EADS, Military Aviation, Northrop Grumman Corp., U.S. Air Force, commercial aviation, logistics
5:00 PM EST came and went with no contract announcement yet. I guess we will need to wait until tomorrow. The SeattlePI.com Boeing blog says it now looks like Friday, according to this entry. Governor Gregoire of Washington says that there is a good chance of a protest or Congressional action if Boeing does not win. No pressure there on the Air Force.
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