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EADS lands $35bn US defence deal

By FT Reporters

Published: March 1 2008 00:49 | Last updated: March 1 2008 00:49

EADS, the European defence company, scored a stunning victory in its campaign to penetrate the US defence market on Friday by winning a $35bn (£17.6bn) contract to supply the US air force with refuelling tankers.

EADS and Northrop Grumman, its US partner, beat Boeing in a competition that could ultimately be worth more than $100bn.

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