Big Tanker News…
By This is rather a surprise….
Northrop Grumman and European partner EADS, parent company of Airbus, beat out presumptive favorite Boeing for the U.S. Air Force’s $40 billion, 179-plane tanker deal, according to industry sources.
The Northrop team’s A330 variant, referred to by Vice Chief of Staff of the Air Force Gen. Duncan J. McNabb as the KC-45A, reportedly beat Boeing’s militarized 767 in four of the five criteria used to measure the bids and matched in the fifth, according to one source close to the decision.
Hope everyone dumped their Boeing stock this morning.