Subsidy rule added to tanker bid

Published: Wed Apr 26th, 2006
Source: seattletimes.nwsource.com



Boeing got a sweet surprise Tuesday in the fine print of the Air Force announcement that formally resumed the Defense Department's quest for new refueling tankers.

As one of the conditions for bidding this year on the multibillion-dollar contract, the team competing with Boeing — Northrop Grumman and its partner European Aeronautic Defence & Space, or EADS — is required to disclose any government subsidies.

Subsidies and "launch aid" for commercial airplanes made by EADS, the parent company of Airbus, are the subject of a thorny dispute between the United States and Europe in the World Trade Organization (WTO).

The Air Force's Request For Information (RFI) asks firms that want to build refueling tankers to explain how "launch aid," loans on preferential terms and penalties by the WTO would affect them. The RFI's language ties the commercial-subsidy issue to the defense-procurement area.

Military-procurement analysts said such language in an RFI was probably unprecedented. EADS and Northrop officials had not expected it, according to sources at both companies.
» Read the full article...

TAGS:

Recent News Articles

Saturday, November 7, 2009
Thursday, November 5, 2009
Wednesday, November 4, 2009
Tuesday, November 3, 2009
Monday, November 2, 2009
Saturday, October 31, 2009
Wednesday, October 28, 2009
Monday, October 26, 2009
Saturday, October 24, 2009
Friday, October 23, 2009
Wednesday, October 21, 2009
Tuesday, October 20, 2009
Monday, October 19, 2009
Friday, October 16, 2009
Wednesday, October 14, 2009

» Older news articles

Back to the top All content © 2001 - 2009 Air-Attack.com, unless otherwise indicated. All Rights Reserved.
About us | Disclaimer | Privacy Policy | Contact Us | Sitemap | Links
Powered by Symfony Framework
AVIATION TOP 100 - www.avitop.comAvitop.com