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Monday, May 27
EADS (EADSF.PK) and Northrop Grumman (NOC) say reports of soaring costs associated with...
EADS (EADSF.PK) and Northrop Grumman (NOC) say reports of soaring costs associated with airworthiness certificates for German Euro Hawk reconnaissance drones are "inaccurate." Amid order cancellations and bad press related to the supposed "squandering" of taxpayer dollars, EADS and NOC say they "will provide an affordable and achievable plan" for Germany so that it may complete testing of its existing Euro Hawk and follow through with a plan to purchase four additional drones.