Transportation Industry
Company Watch - Northrop Grumman
AirGuide Business, June 23, 2008
Jun 23, 2008
If Boeing loses its protest of the Air Force's decision to award a tanker contract to Northrop Grumman, it may end plans to sell its version of the tanker internationally, according to media reports. The DOD contract would have required enough volume to create a viable international business. The Government Accountability office is expected to make a decision on the tanker dispute this week. Jun 18, 2008
Boeing and Northrop Grumman are waiting for the Government Accountability Office to rule on whether the Air Force properly awarded a $35 billion contract for refueling tankers to Northrop. Observers say the company that ultimately wins the initial contract will have an advantage in the competition for the entire $100 billion tanker contract. Jun 17, 2008
Related Results
General Dynamics on Saturday will christen the USS New Hampshire, the Navy's most advanced nuclear attack submarine. General Dynamics worked with Northrop Grumman Shipbuilding on the vessel, which is the first to be built on a time line of 72 months. Jun 20, 2008
Northrop Grumman has postponed plans to break ground on two factories in Alabama where it intended to build aerial refueling tankers for the Air Force. The Government Accountability Office on Thursday said the Air Force made errors during the bidding process and sustained a protest made by Boeing. Northrop has not set a new date for groundbreaking. Meanwhile, suppliers that have contracts with Northrop are concerned that the GAO ruling may affect their revenue. Jun 20, 2008
The US Government Accountability Office will reach its 100-day deadline this week for reviewing Boeing's protest of a decision to award a contract for building Air Force refueling tankers to Northrop Grumman. Northrop, partnered with Airbus parent EADS, won the contract in February. Boeing's protest contends the Air Force changed the rules of the contest, among other things. Jun 16, 2008
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