EADS says won't kill price to win tanker deal
EADS Chairman and CEO Louis Gallois speaks at 2010 Reuters Aerospace and Defense Summit 2010 in Washington, September 8, 2010.
Credit: Reuters/Hyungwon Kang
WASHINGTON |
WASHINGTON (Reuters) - EADS (EAD.PA) Chief Executive Louis Gallois said the European company intends to compete aggressively but to be profitable in the multibillion-dollar U.S. tanker competition against U.S. rival Boeing Co (BA.N).
"We'll be competitive but we intend to be profitable," Gallois told the Reuters Aerospace and Defense Summit in Washington.
"We are not ready to kill the price," he added.
(Reporting by Tim Hepher, Jim Wolf, Karen Jacobs and Kyle Peterson; Editing by Phil Berlowitz)
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