SubscribeAll Posts Tagged With: "democratic administration"
Boeing Threatens to Pull Out of $35 Billion Air Force Tanker Program
The Boeing Co. (BA) doesn’t believe it can win the controversial competition for a $35 billion U.S Air Force tanker contract without a six-month extension, and now has threatened to pull out of the competition altogether.
The Chicago-based Boeing said it wants the extension to incorporate what the aerospace giant contends are essentially new requirements calling for a bigger tanker with a larger fuel-carrying capacity. The Pentagon has told the bidders it will grant two months for the bidders to assemble and submit their new proposals, a Boeing official told the Atlanta Business Chronicle.
“If we’re unable to secure sufficient time to…
26Aug2008 | Money Morning | Comments Off | Continued
Loading ...
