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Magazine Issue

Aviation Week & Space Technology 2008-03-17

VOL. 168 NO. 11 March 17, 2008

Reality Check

article

Reaction to USAF Tanker Award Shows That ‘Globalization’ Still Dimly Understood

Mar 17, 2008
Europe won, Boeing lost. Of course, politicians, labor unions, defense analysts, media stars and aerospace supply-chain leaders will argue for years about the impact of the KC-45A award. Not only in the U.S. but also in Europe. Everyone seems to be disappointed except for the Northrop Grumman/EADS team’s top executives. Moreover, they all are seriously overreacting, in an indication that they still don’t understand the true meaning of one magic word, globalization.