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Latest defence & aerospace news

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Insults fly as tanker contract hopes die
- EADS adopts diplomatic stance as accusations of protectionism follow the collapse of the competitive $50bn tender to provide refuelling tankers to the US Air Force
EADS suspends dividend
- The Franco-German group will for the first time cancel its pay-out to investors after being pushed into the red by heavy charges on troublesome aircraft programmes and punishing exchange rates
Europe cries foul over US defence tender
- European countries have accused Washington of foul play after the continent's largest aerospace and defence company pulled out of a multibillion-dollar race to supply the US military, alleging unfair �competition
Northrop's 'no' highlights a step change
- The group's decision to withdraw from the US Air Force tender could be the first in a series of changes that will reshape the defence contractor's culture and business

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