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Archive Home > 2010 > March > 11 > Boeing gets lift from tanker deal

Boeing gets lift from tanker deal

With Northrop Grumman’s withdrawal, future looks more secure for aerospace company whose stability had come into question

By Christopher Drew / The Bulletin
March 11, 2010

Northrop Grumman’s withdrawal this week from a $40 billion contest to build aerial refueling tankers provides Boeing with some welcome certainty about its future as a major builder of military aircraft.

In recent years, the company faced growing concerns about this core part of its business.....

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