Aerospace Group:

EADS Backers: WTO Ruling Means Trade Rift Should Stay Out of KC-X Contest

DDN

Friday, February 4th, 2011

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Congressional supporters of European Aeronautic Defence and Space Co.'s (EADS) bid for the Air Force tanker contract are hailing a final World Trade Organization (WTO) ruling recently released finding fault with U.S. financial support of rival Boeing [BA]. Boeing backers on Capitol Hill, though, downplayed the WTO report, arguing the trade body last year found more egregious trade violations by the European Union as a result of a U.S. complaint about European Union (EU) subsidies to Airbus, EADS' parent company.…

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