Gates regrets Northrop Grumman’s pull-out
U.S. Defense Secretary Robert Gates says he regrets that a major defense contractor has pulled out of the contest to build a badly needed new Air Force plane.
And he warns that the lone surviving bidder shouldn’t expect to be able to pad the check.
Gates told a military audience today that he wishes Northrop Grumman had chosen to place a bid on the $35-billion contract to build refueling tankers for the Air Force. The defense giant pulled out of the bidding Monday.
Gates says the Pentagon will be “sharpening our pencils” when it comes to negotiating a deal with the surviving bidder, Chicago-based Boeing. He says the lack of a head-to-head competition shouldn’t further delay the program.
To sign up for Mississippi Business Daily Updates, click here.
Twang & Tourism: The Country Music Trail
Still planning that summer vacation?
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Silver Airways ordered to continue service
- Seafood R’evolution set to make Mississippi ‘the new culinary epicenter of the South’
- Bryant signs controversial abortion ban bill
- Soybean yield more than doubles in less than a decade
- Pharma Pac lays off rest of workers; could end up owing state
- Two Delta groups getting economic development funding
- Plans unveiled for large shooting range on Coast
- Ole Miss launches commitment to be 'climate neutral'
- Yarber could be sworn in today as new Jackson mayor
- Biloxi baseball project still alive but may be held for 2015