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Thursday 09 September 2010

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FT: Europe cries foul over US defence tender

10/03/2010

The Financial Times reports on the Northrop Grumman and EADS withdrawal from the $50bn tender to supply the US Air Force with 179 air refuelling tankers. The US led European consortium claimed that under current rules their A330 tanker could not win.

The French foreign ministry, with the European Commission have promised to "examine the new development and its possible implications", with Christine Lagarde, French finance minister, openly suggesting the competition had been rigged to favour EADS's US rival Boeing, now the sole bidder.

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Last Modified: 10/03/2010