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Search Tags: EADS
BAE said it also planned to circle the wagons around its cybersecurity arm handling sensitive government information.
Northrop Grumman Corp. has decided not to compete against Boeing Co. for the $35 billion the Air Force will spend to buy its own fleet of refueling tankers. The decision puts the Pentagon on a path to doing something President Barack Obama said shouldn't happen any more: paying large amounts of money to a major defense contractor without undergoing any competition.
Jim McAleese, defense analyst and principal at McAleese & Associates, says Northrop's decision will affect the outcome of the KC-X contract and the future of the C-17.
Contract could be worth $35 billion. This is third time the Air Force is trying to award the modernization contract.
The first two bids were expected but a surprise third bidder has joined the contest. Aviation industry analyst Richard Aboulafia explains.
Defense News reports that the Air Force sent assessments for a refueling tanker deal to two contractors, but mixed up the info intended for each company.
Camber Corporation has purchased federal EADS North America Defense Security and Systems Solutions.
Camber Corp. has acquired EADS North America Defense Security and Systems Solutions.
Reuter reports EADS is close to conceding its loss of the $35 billion Air Force KC-X tanker award to Boeing.
Defense contractor EADS is thinking about its options, following the Air Force's choice to give Boeing that $35 billion tanker contract.