Gates regrets Northrop Grumman’s pull-out


Published: March 11,2010

Tags: Aircraft, military, tanker

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.

[RSS Feed] []

To sign up for Mississippi Business Daily Updates, click here.




Twang & Tourism: The Country Music Trail

Our annual "Come See Us" magazine offers ideas for spots in Mississippi ranging from golf to culture to history to food. Click the photo for ideas, stories and access to the digital edition of this year's magazine.

Top Posts & Pages

%d bloggers like this: