Thursday, October 21, 2010

DTN News: Analyst Sees US Tanker Contest As Last For Decades....NSI News Source Info # 1144

DTN News: Analyst Sees US Tanker Contest As Last For Decades....NSI News Source Info # 1144
(NSI News Source Info) WASHINGTON - October 20, 2010: The U.S. Air Force once planned to replace its aging fleet of KC-135 refueling tankers in three phases, but budget pressures may make its current competition for 179 planes the last for decades, defense analyst Rebecca Grant said in a new report on Tuesday.
"No one in Washington is saying it yet, but KC-X may end up being the only tanker competition," Grant wrote in the report. "Even if the U.S. buys more than the 179 tankers in KC-X, those buys are two decades away."
The U.S. Air Force expects to award a winner-take-all contract valued at up to $50 billion to either Boeing Co (BA.N) or the U.S. unit of Europe's EADS (EAD.PA) this autumn, in other words sometime by Dec. 21.

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