Financial Times FT.com

Shock and awe at award to 'socialistic' Europeans

By Demetri Sevastopulo in Washington

Published: March 3 2008 02:00 | Last updated: March 3 2008 02:00

The surprise announcement that EADS, the European defence company, and Northrop Grumman had won a lucrative deal to supply the US Air Force with refuelling tankers, has thrown the holiday plans of Louis Gallois, EADS's chief executive, into disarray.

"I am trying to leave for the mountains. I am not sure it will happen," the Frenchman, who was delighted, told the Financial Times.

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