Don't miss

Replay


LATEST SHOWS

MEDIAWATCH

France's Plan to Tackle Racism

Read more

THE WORLD THIS WEEK

Marine Le Pen and Thomas Piketty in Time magazine's power list; EU takes on Google; Gunter Grass dies (part 2)

Read more

THE WORLD THIS WEEK

Deadly Crossing: Migrants desperate to reach Europe; Abadi in Washington (part 1)

Read more

EYE ON AFRICA

Xenophobic attacks in South Africa: anti-violence marches and anti immigration protest

Read more

FRANCE IN FOCUS

French PM outlines action plan against racism, anti-Semitism

Read more

REPORTERS

Turkey’s hidden Armenians search for stolen identity

Read more

REVISITED

Families of slain Marikana miners still demanding justice

Read more

#TECH 24

Europe vs. Google: EU accuses search giant of market dominance abuse

Read more

#THE 51%

Women in America: Land of the free, home to the less-paid

Read more

Business

Boeing trumps EADS' bid for US Air Force refuelling contract worth €25 bn

Text by News Wires

Latest update : 2011-02-25

After a decade of protracted negotiations, the US Air Force has awarded American aviation giant Boeing the coveted €25 billion contract to supply a new generation of air refuelling craft, ahead of its European rival EADS.

REUTERS - Boeing  has won a contract to build new refuelling planes for the U.S. Air Force, beating out Europe’s EADS (European Aerospace and Defense company), the Pentagon said on Thursday.

A portion of the Pentagon’s website that displays contract awards named Boeing the winner without giving the full value of the contract. Top military officials were due to hold a news briefing shortly.
 
EADS has 10 days to file a formal protest after a contract award, but congressional backers of the losing side can also seek to reverse the move legislatively.
 
The Air Force has failed with two previous attempts to begin replacing its 50-year-old KC-135 Stratotankers, which provide fuel to fighter planes and other aircraft in mid-flight, extending the range of military operations.
 
The decade-long saga has sparked trans-Atlantic tensions and clashes in Congress among lawmakers eager to bring high-paying aerospace jobs to their states.
 
EADS and Boeing, arch rivals in the market for passenger jets, have fought bitterly in public over the contest with expensive advertisements while their respective supporters have battled it out at duelling news conferences.
 
Any protest against the decision would be filed with the Government Accountability Office, the arm of Congress which rules on federal contract disputes. The GAO would then have 100 days to rule on the case.
 
The Air Force has been trying since 2001 to begin replacing its Boeing-built KC-135 tankers.
 
An initial $23.5 billion plan to lease and then buy 100 modified Boeing 767s as tankers, fell apart in 2004.
 
EADS, partnered with Northrop Grumman Corp, won a 179-plane deal in February 2008, only to have it canceled after government auditors upheld parts of a protest by Boeing.
 
Northrop subsequently pulled out, leaving the European aerospace and defense company to bid alone.

 

Date created : 2011-02-25

  • AEROSPACE

    Boeing and EADS await €25 billion Pentagon contract decision

    Read more

  • ECONOMY

    WTO report condemns Boeing subsidies from US government

    Read more

  • AVIATION

    Boeing, Airbus score deals as Farnborough airshow opens

    Read more

COMMENT(S)