They lose $40 Billion tanker contract to Northrop Grumman and EADS. WOW!!! BA down $4 after hours.
http://www.marketwatch.com/News/Sto...4D41-B80F-DBF805C8FA95}&siteid=yhoo&dist=yhoo
By Sue Chang
Last update: 4:26 p.m. EST Feb. 29, 2008
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SAN FRANCISCO (MarketWatch) - Northrop Grumman and EADS jointly won a $40-billion contract to turn Airbus jets into flying tankers for U.S. military aircraft, the Wall Street Journal reported late Friday, citing a person familiar with the situation. Northrop and EADS were in competition with Boeing (BA:
http://www.marketwatch.com/News/Sto...4D41-B80F-DBF805C8FA95}&siteid=yhoo&dist=yhoo
By Sue Chang
Last update: 4:26 p.m. EST Feb. 29, 2008
SAN FRANCISCO (MarketWatch) - Northrop Grumman and EADS jointly won a $40-billion contract to turn Airbus jets into flying tankers for U.S. military aircraft, the Wall Street Journal reported late Friday, citing a person familiar with the situation. Northrop and EADS were in competition with Boeing (BA: