India | UK | US

Boeing demands Air Force brief on tanker contract

NEW YORK (Reuters) - Boeing Co <BA.N> said on Tuesday it has requested an immediate briefing from the U.S. Air Force on the company's failed bid for a lucrative $35 billion refueling tanker contract, which was awarded last week to a rival team of Northrop Grumman Corp <NOC.N> and Europe's
Posted : Tue, 04 Mar 2008 18:03:19 GMT
By : Reuters
Category : US (Business)
News Alerts by Email ( click here )
US Business News | Home
NEW YORK (Reuters) - Boeing Co said on Tuesday it has requested an immediate briefing from the U.S. Air Force on the company's failed bid for a lucrative $35 billion refueling tanker contract, which was awarded last week to a rival team of Northrop Grumman Corp and Europe's

EADS .

Boeing said the Air Force had planned a briefing with Boeing on or after March 12, but the company said that delay was inconsistent with procurement practices.

The Chicago-based company said it was concerned with initial reports on the contract award process, which indicate that Boeing was considered the higher risk bidder.

"We do not understand how Boeing could be determined the higher risk offering," said Mark McGraw, vice president of Boeing's 767 tanker programs, in a statement. "It's important for us to understand how the Air Force reached their conclusion."

(Reporting by Bill Rigby; Editing by Tim Dobbyn)


(c) Reuters 2008. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world.

Share/Save/Bookmark

Article : Boeing demands Air Force brief on tanker contract
Print this article
Email this article

Stay Updated
News gadget on your Google homepage
Subscribe to a news feed in Google Reader


Related News



Have your Say
Name
Email
Subject
Your Comment

Enter Verification code
 
  


 

More US (Business) News click here
Follow The Earth Times
Subscribe to RSS Follow Earth Times on TwitterNews by email
Share/Save/Bookmark

 
 



 
Subscribe to free Earthtimes
News Alerts by Email Click here
For RSS Feeds Click here
or Create your own RSS

Add to Google Toolbar
Breaking News
Press Releases

 

 

The Earth Times
News Category

© 2010 www.earthtimes.org, The Earth Times, All Rights Reserved | Privacy Policy
Earth Times accept no responsibility or liability either directly or indirectly for views or opinions expressed in articles or comments.