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Sat, Aug 23, 2008

Aero-News: Quote of the Day (08.23.08)

Aero-News: Quote of the Day

ANN's Quote of the Day usually derives from current news, though we reserve the right to pick quotes out of history that have a bearing on the day's events and issues.

Sometimes, you'll find them timely and in keeping with the content of the day's news... and sometimes, they'll just be thought-provoking.

Reader suggestions and comments are welcome... and if particularly intriguing, timely, or poignant, may themselves become future Quotes of the Day.

Let us hear from you, folks!

Aero-News Quote of the Day

"I think the option we would have if we were not given the six months, there is a really high likelihood that we would no-bid the program."

Source: Jim Albaugh, head of Boeing Integrated Defense Systems. Citing the length of time needed for the company to develop a competitive entrant for the Pentagon's revised KC-X contract bid for a new US Air Force tanker, Boeing says it will likely opt-out rebidding for the $40 billion deal -- ceding the competition to rival Northrop Grumman, and that company's partners at EADS.

FMI: www.northropgrumman.com/kc45, www.af.mil, www.defenselink.mil, www.newglobaltanker.com

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