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EADS Could Lower Tanker Price In Air Force Competition

By Marina Malenic Executives of the European Aeronautic Defense and Space Company (EADS) said yesterday that the company could still alter its bid for a contract to build aerial refueling tankers during the Pentagon's evaluation process. "It could go lower, it could go higher, depending on the process," Ralph Crosby, chairman of EADS North America, told reporters. He added that the company must "reward the shareholder" and make a profit on the deal at the end of the day. Crosby…

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Congress Updates

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