European Aeronautic, Defence & Space Co.’s planned bid for the U.S. military’s $35 billion refueling tanker program may pay off by raising the planemaker’s stature for future competitions even if this one fails.
European Aeronautic, Defence & Space Co. North America Chief Executive Officer Sean O’Keefe said the company can still win some contracts for specialized aircraft for the U.S. military despite Boeing Co. being awarded the main tanker contract last month, the Financial Times reported, citing an interview.
European Aeronautic, Defence & Space Co. said it is exploring U.S. takeover targets in the $500 million range and will consider servicing military planes to broaden its presence in the world’s biggest defense market.
“Don’t get it twisted. Me and the girls did it first,” announced Patti LaBelle last night before belting out “Lady Marmalade,” the 1974 hit she performed with girl group Labelle, popularized since in karaoke clubs and by a cadre of younger artists.
European Aeronautic, Defence & Space Co. ended a four-year saga over supplying U.S. military refueling tankers when it decided not to protest the Air Force’s decision to select rival Boeing Co. to build the planes.