Aerospace Group:

EADS Will Not Bid On Air Force One Contract

DDN

Thursday, January 29th, 2009

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By Marina Malenic EADS North America will not compete for the U.S. presidential aircraft fleet replacement contract, the company said yesterday. "EADS North America's strategy for growth in the U.S. is based on bringing value to the U.S. warfighter; making industrial investments in the U.S. and high technology defense and aerospace jobs," a company press statement said. "After careful review, we've determined that participation in the AF-1 program will not help us meet these business objectives." In 2007, the company…

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