Financial Times FT.com

USAF tanker deal: The bidding battle that went wrong

By Demetri Sevastopulo

Published: July 14 2008 10:59 | Last updated: July 14 2008 10:59

When the US Air Force selected EADS to supply the military with refuelling tankers in February, one important reason given for the unexpected decision was essentially that bigger was better.

In announcing the winner of the $35bn competition to start replacing the Eisenhower fleet of in-flight refuelling tankers, General Arthur Lichte, the head of the military command responsible for tankers, put the victory for EADS and Northrop Grumman, its US partner, down to one word: “more”.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this

"Front page" sub navigation

"World" sub navigation

"US & Canada" sub navigation

"Europe" sub navigation

"UK" sub navigation

"Asia-Pacific" sub navigation

"Middle East" sub navigation

"Americas" sub navigation

"Companies" sub navigation

"Energy" sub navigation

"Industrials" sub navigation

"Transport" sub navigation

"Retail & Consumer" sub navigation

"Health" sub navigation

"Technology" sub navigation

"Financials" sub navigation

"By region" sub navigation

"Columnists" sub navigation

"Companies A-Z" sub navigation

"Markets" sub navigation

"Equities" sub navigation

"FT Trading Room" sub navigation

"Columnists" sub navigation

"Markets Data" sub navigation

"Managed funds" sub navigation

"FTfm" sub navigation

"Lex" sub navigation

"By sector" sub navigation

"Comment" sub navigation

"Columnists" sub navigation

"Video & Audio" sub navigation

"Management" sub navigation

"Columnists" sub navigation

"Business Education" sub navigation

"MBA" sub navigation

"Masters in Management" sub navigation

"EMBA 2009" sub navigation

"Executive education 2009" sub navigation

"Personal Finance" sub navigation

"Investments" sub navigation

"Advice & Comment" sub navigation

"Tools & Calculators" sub navigation

"Compare & Apply" sub navigation

"Arts & Leisure" sub navigation

"Arts" sub navigation

"Pursuits" sub navigation

"Columnists" sub navigation

"Wealth" sub navigation

"In depth" sub navigation

"Special Reports" sub navigation

"Jobs & classified" sub navigation

"Jobs" sub navigation

"Services & tools" sub navigation

"News by email" sub navigation

"About us" sub navigation

Market-moving economics

FT.com RSS Feeds

FT Lexicon