Airtanker Flying High with Pounds 13bn Raf Deal

Summary


The EADS-led AirTanker consortium - which also includes Derby- based RollsRoyce - has been named as the preferred bidder for the pounds 13 billion contract to supply refuelling aircraft for the RAF, writes Steve Pain.

The decision, announced by Defence Secretary Geoff Hoon, means AirTanker can begin a search for some pounds 2.5 billion in capital needed to fund the programme, the MoD's biggest PFI project.

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Extract


Airtanker Flying High with Pounds 13bn Raf Deal

The UK tentatively selected AirTanker in January last year...

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