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  • Tanker Decision: Defense, Boeing And Northrop's Statements Wednesday, 10 Sep 2008 | 10:46 AM ET

    "Today, the Department of Defense notified the Congress and the two competing contractors, Boeing and Northrop Grumman, that it is terminating the current competition for a U.S. Air Force airborne tanker replacement...."

  • Tanker Decision "Grounded" For Now By Pentagon Wednesday, 10 Sep 2008 | 10:36 AM ET

    The Wall Street Journal reports the Pentagon is canceling the $35 billion tanker competition because it can't pick a winner by New Year's.

  • Air Force Tanker: What's Taking So Long With It? Wednesday, 3 Sep 2008 | 9:41 AM ET

    From The Seattle Times: "Air Force tanker guidelines to come next week". That was written August 21st. Wrong. From The Financial Times: "An announcement of the requirements, or request for proposals, could come as early as tomorrow." That was written Monday. Also wrong.

  • Boeing, Northrop: After the Big Tanker Meeting Wednesday, 13 Aug 2008 | 9:25 AM ET
    Northrop Grumman

    Both bidders in the $35 billion tanker competition met with Pentagon officials and said their piece over the new request for bids (the "RFP"). The difference in their responses afterwards may give you a clue as to how it went.

  • Boeing Headquarters

    The chances are "pretty good" that Boeing is truly considering the threat, because the new Pentagon request from bidders contains two things--a tanker ready next year, and a larger aircraft--which are both "bad for Boeing."

  • Tanker Wars: Advantage Northrop Grumman? Wednesday, 6 Aug 2008 | 3:35 PM ET

    The Pentagon has released its "draft" of requirements to Boeing and Northrop Grumman in what it wants in a new air refueling tanker, and, at first blush, advantage Northrop.

  • What The Pentagon Wants In A New Tanker--Stay Tuned Wednesday, 6 Aug 2008 | 11:44 AM ET

    Today the Department of Defense is submitting a new "draft request-for-proposal and source selection process" for the air refueling tanker. In other words, we find out what the Pentagon is looking for in a new plane, and how it will be incorporating the changes suggested by the Government Accountability Office.

  • Honeywell Profit Rises 18%, Hikes Forecast Friday, 18 Jul 2008 | 8:32 AM ET
    Honeywell

    Honeywell International Friday reported quarterly profit jumped 18 percent, topping expectations, and raised its full-year earnings forecast, citing strong demand for aircraft electronics and environment and security control systems used in large commercial buildings.

  • Tankers, Blimps And The "Gay Top Gun" Thursday, 17 Jul 2008 | 8:52 AM ET

    I’ve got to stop talking about IndyMac and the banking crisis. Time to move back to the Air Force tanker crisis involving Boeing and Northrop Grumman. As I got home from DAY 3 of "THE INDYMAC BANK RUN" I finally got a chance to open up this week’s Aviation Week (aka “Aviation Leak”) which has an interview with Boeing CEO Jim McNerney.

  • Protectionism Not Good in Tanker Deal: EADS Tuesday, 15 Jul 2008 | 8:40 AM ET

    Protectionism is not good for anybody and could hurt trans-Atlantic relations, the chief executives of EADS and Northrop Grumman told CNBC referring to the largest-ever tanker deal, which last week was reopened by the US department of defense.

  • Northrop Grumman

    The House Air and Land Forces Subcommittee is holding a hearing today on how the Air Force Tanker selection process went so wrong. Fifteen minutes into the hearing, they had to adjourn to go vote on other matters. But they'll be back.

  • On Bank of America CEO Ken Lewis' speech on mending the mortgage markets, it turns out Mr. Lewis isn't universally loved.

  • Gates On Tanker Rebid: "Not A Return To First Step" Wednesday, 9 Jul 2008 | 1:59 PM ET

    Gates is putting Under Secretary John Young in charge of picking a winner, a final blow to the Air Force. But Acting Secretary of the Air Force Mike Donnelly says he fully supports that decision.

  • Alliant Techsystems Awarded Air Force Rocket Contract Wednesday, 2 Jul 2008 | 10:06 AM ET

    Alliant Techsystems Inc. , a military contractor and aerospace company, said Wednesday it will supply rockets to the U.S. Air Force under a contract worth as much as $250 million.

  • Tanker Saga Becoming Real Star Wars Trilogy Tuesday, 1 Jul 2008 | 9:07 AM ET
    Northrop Grumman Advertisement

    It’s going to be a long, hot summer until the Air Force decides whether to reopen bidding, and, if so, whether to start over completely with a new set of rules. I’m beginning to think the entire tanker saga is like the original “Star War” trilogy.

  • Northrop Thanks Its Employees, And More Heated Emails Friday, 20 Jun 2008 | 10:01 AM ET

    I reported it would happen, and it did: Northrop Grumman has called off indefinitely the groundbreaking ceremony for its new Alabama tanker assembly facility, originally scheduled June 28th.

  • Emails: You Weigh In On The Tanker Thursday, 19 Jun 2008 | 11:32 AM ET

    I asked for feedback on the tanker decision and I got it. Also, vote in the poll at the bottom.

  • GAO Tanker Decision: What Analysts Are Saying Wednesday, 18 Jun 2008 | 4:13 PM ET

    Analysts were surprised, at least a little, that Boeing won its challenge alleging the Air Force was wrong in awarding the $35 billion tanker contract to Northrop Grumman/EADS.

  • Boeing, Northrop Statements On Tanker Ruling Wednesday, 18 Jun 2008 | 3:16 PM ET
    Boeing Headquarters

    Boeing was informed today that the Government Accountability Office (GAO) found in Boeing’s favor on a number of issues related to its protest of the U.S. Air Force’s award of a $35 billion contract to supply the service with its next-generation aerial refueling aircraft – or KC-X tankers – to begin replacing the current fleet of KC-135 tankers.

  • Northrop Grumman

    I'm hearing the Government Accountability Office will not decide on the Boeing challenge to the $35 billion tanker contract today. That probably means it WILL happen today (kidding, I think). The decision may come down tomorrow.