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Join Us At 0900ET, Friday, 4/10, for the LIVE Morning Brief.
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Thu, Jul 10, 2008

Aero-News: Quote of the Day (07.10.08)

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

"We look forward to working with the new acquisition team as it reopens the competition, but we will also take time to understand the updated solicitation to determine the right path forward for the company. It's encouraging that the Defense Department intends to take steps to ensure a fair and open competition that, among other things, fully accounts for life-cycle costs, such as fuel, to provide the most capable tanker at the best value for the American taxpayer."

Source: From a statement by Boeing, following Wednesday's announcement by the Department of Defense that it would put the hotly-contested KC-X aerial tanker contract up for re-bid once again. In a stunning development, the DoD also stripped decision-making authority on the bid from the USAF... replacing the Air Force as the "source selection authority" is John J. Young Jr., undersecretary of defense for acquisition, technology and logistics. He is tasked with appointing an advisory committee to oversee the selection of a bidder.

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

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