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Boeing might lose $500 million on Air Force tanker development

After 10 years of back-and-forth bidding and political wrangling, Boeing won the Defense Department contract to build 179 new Air Force aerial tankers.

Published: 11/28/11 1:12 pm
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After 10 years of back-and-forth bidding and political wrangling, Boeing won the Defense Department contract to build 179 new Air Force aerial tankers.

The key to Boeing’s success against rival Airbus was its low-ball bid, a bid so low that it eliminated all argument about the relative merits of the two proposed tankers.

READ MORE: http://blog.thenewstribune.com/business/2011/11/28/boeing-may-lose-500-on-air-force-tanker-development/

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