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Northrop-EADS Win KC-X Tanker Contract
On Friday, February 29, Northrop Grumman and partner EADS have been awarded a contract to supply 179 aerial refueling tankers to the U.S. Air Force, beating the rival bid by Boeing.
The contract awarded today covers $1.5 Billion contract for the System Demonstrator & Development (SDD) phase consisting of four test aircraft and $10.6 Billion for the first five production lots, producing 64 aircraft. Further contracts will be awarded for lots six to thirteen. Total value is estimated to be $35 Billion.
The KC-X source selection used a "best value" determination to select a…
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