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South Korea Taps Airbus Over Boeing For Tanker Deal

South Korea Taps Airbus Over Boeing For Tanker Deal
Artist rendering of Boeing's KC-46 aerial refueling tanker being developed for the Air Force. Boeing Image.

South Korea has decided to buy aerial refueling tankers from European manufacturer Airbus instead of Boeing [BA].The $1.3 billion deal was announced Tuesday, June 30. Airbus is due to deliver the first of four aircraft in 2019.Boeing is in the midst of developing the KC-46 tanker for the U.S. Air Force, which has gone over budget and is behind schedule. Wiring issues delayed the plane significantly last year. The company is on contract to deliver 18 aircraft to the U.S.…

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