March 05, 2011 Military Aviation News
03/05/2011
Chicago-based Boeing won the price shootout, underbidding the European defense contractor by $2 billion, EADS North America Chairman Ralph Crosby said Friday. Now comes the hard part: developing and building the flying gas stations on a fixed-price contract with little leeway for cost overruns, analysts said.
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03/05/2011
While Libya is still struck by increasingly intense fighting between Muammar Gaddafi’s forces and those who protest against his regime, countries which had been trading with Libya before the uprising began are also looking at the developments with a crying eye. Besides those countries that partly rely on oil supplies from Libya or suffer from effects on the global markets, this also includes Russia.
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03/05/2011
Mikhail Simonov, the former chief designer at the Sukhoi aircraft design bureau who was known as the father of the Su-27 family of fighter jets, died on Friday aged 81.
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