Aerospace Group:

EADS Lowers Final Tanker Bid

DDN

Thursday, February 17th, 2011

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By Marina Malenic The North American division of the European Aeronautic Defence and Space Co. (EADS) has lowered the price of its offering for the U.S. Air Force aerial refueling tanker competition, company officials said yesterday. "We submitted what we think is a very competitive price proposal," EADS North America Chairman Ralph Crosby told reporters during a briefing in Washington. He added that the company "did in fact revise our proposal, and our price." Crosby declined to specify pricing details…

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