Boeing CEO McNerney wrong on tankers, EADS says
EADS North America chief Ralph Crosby reacted strongly against comments by Boeing CEO James McNerney that Airbus' tankers are not subjected to certain burdensome U.S. regulatory requirements.
McNerney had said at the Farnborough Air Show that because it must comply with the federal International Traffic in Arms Regulations (ITAR) laws and the Foreign Corrupt Practices Act, its tanker offering is at a disadvantage.
Ralph Crosby pointed out that EADS is only a subcontractor to prime contractor Northrop Grumman so it is still subjected to all U.S. legislation.
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