Thursday, February 24, 2011

USAF Tanker Award Set for 5:10 p.m. ET

U.S. Deputy Defense Secretary William Lynn, Pentagon procurement czar Ashton Carter, Air Force Secretary Michael Donley and Air Force Chief Gen. Norton Schwartz are to announce the winner of the U.S. Air Force's long-running KC-X tanker contract at 5:10 p.m.
EADS's Airbus A330, top, and Boeing's 767, below, are competing for the $35 billion U.S. Air Force KC-X contract. (EADS, Boeing)
flash goes hereEADS's Airbus A330 and Boeing's 767 are in an epic dogfight to supply the Air Force with 179 tankers for a total value that could amount to $35 billion.

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