EADS Takes Aim at U.S. Defense Business

Confident of eventual success in the reopened tanker bidding, the Airbus maker plans to fight for more Pentagon contracts

European Aeronautic Defence & Space executives this weekend expressed confidence that the Pentagon's promised speedy review of new bids for a $35 billion Air Force refueling-tanker contract will work in their favor—and vowed that no matter the outcome of the contest, EADS (EAD.PA) is poised to become a heavyweight in the U.S. defense business.

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