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Northrop Grumman Wins Air Force Tanker Competition

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By Jen DiMascio In a surprise decision, the Air Force on Friday picked a Northrop Grumman [NOC]-European Aeronautic Defense and Space Co. (EADS) team over Boeing [BA] to develop and produce the service's next aerial refueling tankers. The award launches the development effort that will replace the service's fleet of KC-135 Stratotankers, in service for half a century. In the weeks leading up to the announcement, the Air Force tried to head off what was seen as a likely protest…

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