Northrop, EADS affirm commitment

PARIS - Ronald D. Sugar, chairman and CEO of Northrop Grumman, and Louis Gallois, CEO of EADS, issued a joint statement today at the Paris Air Show affirming their commitment to the Air Force tanker project. They said the KC-45 was previously selected and they look forward to working the with Department of Defense. (Source: PRNewswire, 06/16/09) Gulf Coast note: The Northrop/EADS team plans to assemble the tankers in Mobile, Ala., if they win the $40 billion contract. Boeing hopes to win and build them in Washington.