Northrop Grumman, citing unfairness, declines to compete in $40 billion tanker contract

Northrop Grumman, which in 2008 was named the victor in the Pentagon’s $40 billion KC-X tanker competition only to have the win taken away, announced on Monday that it will not re-submit its bid, citing unfairness in the contest with Boeing.

Wes Bush, chief executive of Northrop Grumman Corporation, said in a statement that the company opted not to submit a bid to the Department of Defense after reaching the conclusion that proposal “clearly favors Boeing’s smaller refueling tanker and does not provide adequate value recognition of the added capability of a larger tanker, precluding us from any competitive opportunity.”

via Northrop Grumman, citing unfairness, declines to compete in $40 billion tanker contract | The Daily Caller – Breaking News, Opinion, Research, and Entertainment.

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