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SUNDAY, NOVEMBER 8, 2009
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NEWS ABOUT: EADS

EADS stories: 7 news summaries

Boeing Threatens to Ditch
Air Force Tanker Bid

Boeing demands extra 4 months in new bid in tanker war

Aug 22, 08 4:27 AM CDT
(Newser) - Boeing has warned the Pentagon it will pull out of the new bidding to build a fleet of air tankers unless it gets an extra four months to prepare a bid, the Wall Street Journal reports. A Boeing pullout would leave the Air Force with no competition for a $35... More »

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Boeing • aerospace • Northrop Grumman • EADS • US Air Force • tanker aircraft

McCain Sucked
Into Boeing Battle

Campaign boss lobbied against Boeing for European Airbus

Mar 12, 08 4:30 AM CDT
(Newser) - John McCain is being dragged into the feud between Boeing and the Air Force, reports AP. A firm headed by McCain's campaign finance chairman, Tom Loeffler, was paid $220,000 to lobby on behalf of the Airbus, the successful European rival to Boeing's 767 fuel tanker. McCain had helped block... More »

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John McCain • Pentagon • Boeing • contracts • Airbus • European Aeronautic Defence and Space Company • Northrop Grumman • GAO • Lockheed Martin • EADS • US Air Force • 767 Tanker • Teal Group • Jim McNerney • Tom Loeffler • Loeffler Group • Air Force Secretary • Michael Wynne

Boeing to Appeal $40B Contract

CEO claims 'serious flaws' in bidding

Mar 10, 08 8:09 PM CDT
(Newser) - 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... More »

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Boeing • Air Force • contractors • Airbus • Government Accountability Office • EADS • Military-Industrial Complex

Airbus Was Intrepid,
Boeing Arrogant on Tanker

Analysts say Boeing was arrogant, Airbus intrepid

Mar 10, 08 1:20 PM CDT
(Newser) - Airbus won the Air Force's $35 billion contract for aerial refueling aircraft not only with a more competitive tanker, the New York Times reports, but by competing more aggressively. The French company, partnered with Northrup Grumman, built on spec a new plane-to-plane fuel boom and demonstrated it, while Boeing promised... More »

MORE ABOUT:
John McCain • Boeing • Airbus • EADS • Thomas Enders • Jim McNemey

US, Euro Alliance Landed Air Force Deal for Airbus

$40B contact took years of careful planning

Mar 3, 08 4:00 AM CST
(Newser) - Years of careful strategy and an alliance between executives was the key to Airbus nailing a $40 billion deal to build Air Force planes, reports the Wall Street Journal. The Pentagon’s decision last week is “a transformational shift in the way weapons systems are acquired. It’s an... More »

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Pentagon • Boeing • Air Force • Airbus • Northrop Grumman • EADS • airplane • Ralph Crosby Jr.

Airbus, VW
May Open
US Plants

Weak dollar has European companies looking overseas

Dec 4, 07 4:00 PM CST
(Newser) - The dollar’s continued weakness against the euro has European companies such as Airbus and VW looking to move production to the US, reports Der Spiegel. “We don’t have a choice,” said the CEO of Aribus parent company EADS. If Airbus wins a contract to supply... More »

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Airbus • US economy • Volkswagen • US dollar • EADS

Airbus Execs Accused of Insider Trading

Ex-CEO, others sold millions before A380 delay announced

Oct 4, 07 9:05 AM CDT
(Newser) - Accusations of "massive" insider trading by Airbus executives and shareholders have exploded into full-out political scandal. French investigators have learned that 21 top executives and two big shareholders in EADS, the Franco-German consortium that owns the airplane company, cashed in stocks shortly before Airbus announced a June, 2006, production... More »

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insider trading • France • Airbus • Airbus A380 • EADS • Lagardere • Noel Forgeard

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