Skip to: Content
Skip to: Site Navigation
Skip to: Search

November 22, 2008 8:58:12 CST

Learn about Newser Points »

« Back to the grid | Next story »

Tough Calls Await on Boeing Defense Bid

Posted Jun 12, 08 3:24 PM CDT in US,  Politics,  Business 

(Newser) – The Government Accountability Office must rule by next Thursday on Boeing’s appeal of an Air Force deal granting European rival Airbus a multi-billion dollar tanker contract—and CEO Jim McNerney has a tough call ahead if Boeing loses, the Seattle Times reports. He can ground the appeal, or draw more attention to political concerns neither the military nor GAO was allowed to consider.

With documents in the case heavily redacted, McNerney could have to decide whether to press the political fight—centering on the potential for lost US jobs—based on little information about why he lost. But, one analyst says, "Boeing is unlikely to give up, because in the process of conceding they would open the door for a major Airbus presence in their home market."

Source Seattle Times

2 comments | Print E-mail | Digg Seed this on Newsvine Add this link to Del.icio.us StumbleUpon

Related Newser Stories

  • Congress Will Nix Airbus Deal, Boeing Says

    Mar 19, 08 6:44 CDT
    Congress Will Nix Airbus Deal, Boeing Says Boeing isn't taking its loss of a $35 billion military contract to Northrop Grumman and Airbus lying down, Reuters reports. A company vice president said he was "as confident as he could be" that Congress would overturn the Air Force's decision to buy refueling tankers from Boeing's European rival. The firm charges that the Air Force broke federal and military rules in the decision-making process and ended up choosing a riskier plane than Boeing was offering. More »

  • Boeing to Appeal $40B Contract

    Mar 10, 08 8:09 PM CDT
    Boeing to Appeal $40B Contract Boeing vowed today to appeal a controversial $40 billion contract to build refueling tankers for the Air Force, the Wall Street Journal reports. "Our team has taken a very close look at the tanker decision and found serious flaws in the process," Boeing CEO Jim McNerney said. The Air Force awarded the contract to Northrop Grumman and Airbus, which ruffled US feathers by planning to build its tankers in France. More »

  • Boeing Doesn't Deserve Military Monopoly

    Mar 9, 08 9:45 CDT
    Boeing Doesn't Deserve Military Monopoly There’s fury on Capitol Hill (and the campaign trail) over a $40 billion Air Force contract going to a European team, Mark Thompson notes in Time, but it’s entirely appropriate for the military to get the best technology it can. Indeed, anger over the snub to Boeing shows lawmakers at their worst, worrying about hometown pork instead of defense needs. More »

In this artist's depiction provided by Northrop Grumman Corp., a KC-45A refuels a B-2 stealth bomber.   (AP Photo/Northrop Grumman Corp)
Jim McNerney, chairman, president and chief executive of Boeing.   (AP Photo)
Graphics compares provenance of Boeing 767 and Airbus 330 parts.   (AP Photo)
Boeing union workers protest the U.S. Air Force's decision to award a fuel tanker contract to Airbus-Northrop Grumman.   (AP Photo/Stephen Brashear, file)
Boeing Co. 737 airplanes are shown lined up during assembly.   (AP Photo/Ted S. Warren)
« Prev« Prev | Next »Next » Slideshow
Our editors also recommend:

Threads (
1
 of 3)

Tags

Boeing • Airbus • Air Force • contract • Government Accountability Office • tanker aircraft • Jim McNerney • refueling • Boeing 767


Loading...

Premium Articles from HighBeam

Find more articles like this

Today's Most Popular

Loading...

Other Business Stories

What is Newser?

2008 Codie Finalist

Face it: there's too much news. At Newser a team of editors and writers culls the most important stories from hundreds of U.S. and international sources and reduces them to a headline, picture, and two paragraphs. It's the Newser guarantee: we can take any report or column or video and pack what you need to know into 120 words or less. Newser's short-form aggregation, visual format, and unique information tools help you get more of the kind of news you want, in a quicker and more entertaining way. And we do it 24/7—you can come back morning, noon, night (and in between) for something new that matters. Read less, know more.

Learn more »