Money Morning submits: After months of legal and political wrangling to reopen bids for a $35 billion U.S. Air Force tanker contract, U.S. aerospace firm The Boeing Co. (BA) is considering entering a “no bid” plea versus the joint-venture bid of rivals Northrop Grumman Corp. (NOC) and Europe’s EADS NV (EADSY.PK). “Company officials are strongly considering the option of not submitting a proposal as the company’s Integrated Defense Systems sector tries to respond to the draft [request for proposal] within the government’s speedy timeline," the aerospace industry magazine Aviation Week reported Monday, citing “multiple” anonymous sources close to Boeing’s ongoing deliberations. Complete Story » ...
Anytime
