Tuesday, January 12, 2010

Boeing: EADS A400 problems bring opportunities for C-17

Defense News ~ WASHINGTON, Jan 11 (Reuters) - Problems with Europe's A400
military transport could result in some additional sales opportunities for Boeing's C-17 cargo plane, a senior Boeing (BA.N) executive said on Monday. Dennis Muilenburg, president and chief executive of Boeing's recently reorganized Defense, Space and Security unit, cited demand for the C-17 from India and the United Arab Emirates.
Muilenburg, who spoke at a meeting of the National Aeronautic Association, said he expected international demand to continue to grow.
Boeing was investing to ensure it can keep unit costs for the C-17 steady even if production rates decline, he said.
(Reporting by Andrea Shalal-Esa; Editing by Phil Berlowitz)

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