Deadline extension decision expected soon

MOBILE, Ala. - EADS could find out as early as this week whether it will get more time to bid on the tanker project. That's the word from EADS North America CEO Sean O'Keefe, who was in Mobile to help prepare an aid shipment to Haiti. Boeing appears in line to be the only bidder for the $40 billion contract. EADS North America's former partner, Northrop Grumman, opted out because it felt the requirements favor the smaller Boeing tanker. EADS feels the same, but has asked for a 90-day extension of the May 10 deadline to consider its options. EADS still plans to build the tankers in Mobile should it win the contract. (Source: Mobile Press-Register, 03/23/10)