Any news search for Boeing this week will result in a dozen or more stories about how the aircraft manufacturer lost a massive government contract to Northrop and European company Airbus.

Quick Summary
All government planes used to refuel other planes in the air are extremely old and need to be replaced. The U.S. government opened up bidding to the public and two companies responded: Boeing and Northrop/Airbus. There was heated debate over the possibility of a European manufacturer landing this tremendous $35 billion contract. Never before has a non-American manufacturer won this kind of government contract. Continue Reading