Wednesday, October 1, 2008

Northrop CEO open to split tanker buy

The Pentagon has said buying aerial tankers from both Northrop Grumman/EADS and Boeing would be too expensive, but CEO Ron Sugar of Northrop is open to the idea. He told Reuters his company would be supportive of whatever the government wants. Rep. John Murtha, D-Pa., has proposed buying from both companies. Northrop won the contract in February to assemble the tankers n Mobile, Ala., but the GAO sided with Boeing’s protest. Last month the Pentagon punted to the next administration. (Source: Reuters, 09/30/08)