Thursday, October 1, 2009

Northrop wins KC-10 service contract

Northrop Grumman beat rival Boeing for a $3.8 billion contract to maintain and service Air Force KC-10 refueling tankers. Boeing’s current contract expires in January. It’s been servicing the planes for more than a decade. Northrop and partner EADS are also competing against Boeing to build tankers to the Air Force. (Source: Reuters, 10/01/09) Gulf Coast note: If Northrop/EADS wins the tanker competition, planes would be assembled in Mobile, Ala.