New York, Geneva (AirGuideBusiness - Aerospace & Defense News - Defense Europe) Mar 14, 2010
European countries say they have right to tanker explanation. European countries say they have the right to ask for an explanation from Washington about the U.S. Air Force tanker tender in the wake of Northrop Grumman's decision not to bid on the project. "For the Defense Ministry, it is difficult to understand how an aircraft that was declared in 2008 to respond perfectly to American needs no longer meets these needs after a modification of the tender," said Gen. Christian Baptiste of the French Defense Ministry. Defense News Mar 12, 2010
Airbus, EADS Buyers ante up an extra 10% for Airbus military transports. The seven European countries that signed on to purchase 180 A400M military transport planes from Airbus have agreed to pay 10% more per plane to cover cost overruns. Airbus parent company European Aeronautic Defense and Space said the extra cash will keep the troubled project aloft. Belgium, Britain, France, Germany, Spain, Luxembourg and Turkey will also provide $2 billion in loans. Mar 8, 2010
Airbus, EADS Weeks ago, EADS bosses were warning that without a bail-out the troubled A400M program could sink Airbus. Now, following a 5 March agreement in principle with the seven government customers, the European company claims the airlifter will replace Lockheed Martin's C-130 as the world's military transport of choice. Mar 12, 2010
Airbus, EADS, Northrop Grumman Northrop Grumman late Monday dropped its bid to supply the U.S. Air Force with its next-generation aerial refueling tankers, leaving rival Boeing uncontested in its effort to snag the lucrative contract. Northrop and its partner European Aeronautic Defence & Space have been fighting Boeing for years over the contract. EADS, best known in civilian circles for its Airbus aircraft, is also one of Europe's biggest defense contractors. Called the KC-X program, the immediate contract is for $35 billion to build 179 planes. It could be worth $100 billion over the life of the new planes, which refuel other aircraft in flight. The Air Force on Feb. 24 issued its final request for proposals. The Pentagon plans to award the...