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Northrop Grumman (NOC) confirms it's dropping out of the Air Force refueler bid. Northrop says...

Northrop Grumman (NOC) confirms it's dropping out of the Air Force refueler bid. Northrop says the DoD's revised source selection methodology "dramatically favors Boeing's (BA) smaller refueling tanker" and "does not provide adequate value recognition of the added capability of a larger tanker, precluding us from any competitive opportunity." NOC +0.1%. BA +0.2% AH.
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