EADS cut tanker price

EADS North America Chairman Ralph Crosby on Wednesday said the company had lowered its bid price for a $35 billion Air Force aerial refueling tanker contract. EADS is offering a version of the A330 against Boeing's 767. Both companies sent their best proposals last week to build 179 tankers. Boeing last week described its bid as "aggressive." A decision is expected next month. (Source: AFP, 02/16/11) Gulf Coast note: If EADS wins it would assemble its tankers in Mobile, Ala.