Defense on Center Stage at Paris Air ShowBy
With commercial aircraft sales in the doldrums and a new U.S. Administration shaking up defense spending, competition for military contracts worldwide is taking on added urgency at this year's Paris Air Show. From a $40 billion U.S. Air Force refueling tanker deal to sales of fighter jets and military cargo planes in such far-flung locales as Japan and India, "I've never seen more international competitions than we're seeing today," says Jim Albaugh, head of Boeing's defense division.
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