Monday, June 8, 2009

Inouye keeps split tanker buy option

The chairman of the Appropriations Committee hasn’t ruled out directing the Pentagon to buy tankers from both Boeing and Northrop Grumman. Sen. Daniel Inouye, D-Hawaii, said he’s received industry reports suggesting a split contract would achieve savings of as much as $42 billion when buying at least 360 aircraft over 30 years. He says he can’t ignore that. (Source: Bloomberg via Fort Worth Star-Telegram, 06/08/09) Gulf Coast note: Boeing wants to build the planes in Washington State and Northrop and partner EADS want to build them in Mobile, Ala.