Tuesday, February 23, 2010

Tanker terms to be released Wednesday

WASHINGTON – Lawmakers were told today that the Air Force will release final terms for the $35 billion tanker competition on Wednesday. Air Force Secretary Michael Donley, Deputy Defense Secretary William Lynn, and Pentagon acquisition chief Ashton Carter will brief lawmakers then hold a news conference at the Pentagon. Boeing and the Northrop Grumman/EADS team both want to build the tankers. (Source: Reuters, 02/23/10) Gulf Coast note: Northrop Grumman and partner EADS want to assemble tankers in Mobile, Ala.