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.
Top Posts & Pages
- Half century of memories — Christmas on Deer Creek to celebrate 50th anniversary
- Prison-contract task force working in wake of Epps' indictment
- Bryant wants free tuition for students with technical diploma
- Prescott leads field for Conerly Trophy as state's best football player
- (UPDATE) Gov. Bryant: $1.2 billion aluminum plant is a very exciting proposition for the state of Mississippi
- Analyst: KiOR Columbus plant may end up sold as scrap
- BILL CRAWFORD: Bryant’s tax cut won’t stop spending growth
- UM Chancellor Jones: Lymphoma treatment going well
- County to ask if it can use unspent hurricane recovery money