EADS Statement Regarding KC-X Proposal Deadline Extension

(Arlington, VA., March 31, 2010) -- EADS North America has issued the following statement regarding the Defense Department's offer to extend by 60 days the proposal deadline for the Air Force KC-X aerial refueling tanker competition:

"Since the Department of Defense indicated their interest in EADS' participation as prime contractor in the KC-X tanker competition, the company has carefully assessed the many requirements necessary to participate. We have firmly indicated that a 90-day extension would be the minimum time necessary to prepare a responsible proposal for this $40 billion program. We will consider the Department's decision to offer a 60-day extension."

Source : European Aeronautic Defence and Space Company EADS N.V. (Paris: EAD.PA)