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Air Force

Northrop Grumman, Boeing Submit Final Bids In Tanker Competition

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By Jen DiMascio The Air Force's tanker competition comes down to the wire as Boeing [BA] and Northrop Grumman [NOC] yesterday submitted their final bids for the service's top acquisition priority this year. At stake is a contract worth up to $40 billion for up to 179 aircraft over the next 15 years. The spoils could be even larger in the future, as the Air Force seeks to replace a fleet of more than 500 aging KC-135 Stratotankers. In submitting…

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