Northrop Gruman Drops Bidding for Aerial Refueling Planes

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One of the biggest defense contracts in history will be let without competitive bidding, now that Northrup-Grumman has pulled out of competition to build the next generation of re-fueling planes. That leaves Boeing alone for a contract worth $40 billion. And there will be an impact in Southern California. Peter Sanders covers aerospace for the Wall Street Journal.

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