EADS won’t cut price to win KC-X

EADS Chief Executive Louis Gallois told Reuters that his company is not “ready to kill the price” of its aerial refueling tanker to win the U.S. Air Force KC-X contract.

“Clearly we can live without the tanker deal but we want to earn money on this deal if we win it. The board of EADS has given me clear indications they want to have a profitable contract.”

Boeing has said on Tuesday that it is willing to bid lower in order to win the contract.

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