BAE Systems Plc’s U.S. unit has started briefing Pentagon officials on the company’s plan to merge with European Aeronautic Defence & Space Co. in an effort to preserve its security clearance for defense contracts, according to two people familiar with the talks.
U.S. lawmakers who support Boeing Co.’s bid for a $35 billion Air Force refueling tanker contract introduced legislation today that would require the Pentagon to add the value of government subsidies to a competing proposal from European Aeronautic, Defence & Space Co.
European Aeronautic, Defence & Space Co. said Sean O’Keefe , the head of its North American unit since November, was involved in a fatal plane crash last night in Alaska. His condition remains unknown.
Chief executive officers of defense contractors led by Lockheed Martin Corp. and EADS North America went to the Pentagon to urge U.S. Defense Secretary Leon Panetta’s help in averting automatic budget cuts.
The Pentagon is seeking final bids on Feb. 11 in the contest to supply the Air Force with aerial tankers, according to Boeing Co. and European Aeronautic Defence and Space Co., which are competing against one another.
Boeing Co. asked the U.S. Air Force for details on how data on its bid to build an aerial refueling tanker was handled by competitor European Aeronautic Defence & Space Co. , after the military mistakenly sent information from each company to its rival.
Boeing Co. ’s bid for a $35 billion contract to build aerial tankers may gain U.S. political momentum after the World Trade Organization ruled that European governments provided illegal aid to Airbus SAS.