The Wall Street Journal is reporting that the DoD has hit the stop button on the tanker contract:
The Department of Defense is calling off a hotly
disputed $40 billion competition to replace its aging fleet of
aerial-refueling tankers because officials don’t think they can pick a
winner before the next presidential administration as planned.The decision is a major victory for Boeing Co., which had lost the initial competition in February to a team comprised of Northrop Grumman
Corp. and the parent company of Europe’s Airbus. Boeing’s protest of
that decision was upheld by the Government Accountability Office,
leading to a new round of bidding.
President McCain or President Obama will be inheriting this mess. Any odds on bets that this becomes an issue in the Presidential campaign?
This post was originally published to the internet between 2007 and 2012. Links, images, and embedded media from that era may no longer function as intended.
This post originally appeared at Flightglobal.com from 2007 to 2012.