EADS will not bid for U.S. helicopter order
WASHINGTON Dec 11 (Reuters) - The U.S. unit of Europe's EADS on Tuesday joined several other big companies in saying it would skip the U.S. Air Force's competition to buy 112 new combat rescue helicopters.
EADS North America Chief Executive Sean O'Keefe had signaled that the company might not submit a bid for the work at the Farnborough air show last July.
At the time, he expressed frustration about the narrow way the Air Force had written the terms of the competition.
Earlier, Northrop Grumman Corp and Boeing Co also said they would not compete for the work, whose value has been capped by the Air Force at $6.84 billion.
- Qatar adamant it will host 2022 World Cup despite doubts
- Argentina's Fernandez to meet billionaire investor Soros in New York
- New Jersey hiker killed by black bear : police
- Islamic State urges attacks on U.S., French citizens, taunts Obama
- Housing data hits Wall Street; S&P has worst day since August 5 |