Boeing Chief Executive James McNerney said he is worried that European defense giant EADS will enjoy an advantage in the upcoming tanker competition because of its exemptions from US laws on export controls. Speaking with The Seattle Times, McNerney said that the problem with the tanker competition is not the oft-cited subsidies EADS gets from European nations, but rather the export controls and business transparency regulations that have a major impact Boeing but not on the Europeans. “The only think that we ask for is that we play by the same rules,” McNerney said.
The Pentagon has concluded a new agreement to buy laser-guidance kits that turn rockets into drone-killing weapons. BAE Systems and the Defense Department announced a framework deal of up to seven years for 25,000 Advanced Precision Kill Weapon System guidance kits annually for the U.S. military.