Thursday, April 9, 2009

GE chief says split tanker contract - al.com

GE chief says split tanker contract - al.com: "The head of industrial powerhouse General Electric Co. is supporting a move to split the U.S. Air Force tanker contract between Boeing Co. and Northrop Grumman Corp.

Jeff Immelt, GE's chairman and chief executive officer, said the compromise proposed by U.S. Rep. John Murtha, D-Pa., may be the best way to get the troubled program back on track. Murtha, the chairman of the House committee that oversees defense spending, wants to buy planes from both manufacturers as a way to break a political stalemate between the two rival teams and hasten the replacement of the Air Force's aging fleet of KC-135 Stratotankers."