5 reason: TANKER COMPETITION: NORTHROP WON BY A WIDE MARGIN
What happens when the dollar continues its fall against the Euro?
Will depend upon the proportion of Euro-denominated content.
Recall that much of the finished product will be assembled and configured in the US. Final assembly will be done in the Mobile, AL area. The analogy is the many Japanese automakers who have set up shop (literally) in the US. Hondas produced at the Marysville, OH plant are overwhelmingly US content, and of course are assembled by US labor.
--
Mike Kanze
"As house prices fall, a huge amount of financial folly is being exposed. You only learn who has been swimming naked when the tide goes out - and what we are witnessing at some of our largest financial institutions is an ugly sight."
- Warren Buffett, Chairman, Berkshire Hathaway, in his 2007 letter to shareholders
"Herbert Viola" wrote in message ...
In article
,
Mike wrote:
4. Cost/price. This was the factor in which many observers expected
the Northrop-EADS team to shine, because EADS subsidiary Airbus
usually underbids Boeing in commercial competitions. But Boeing
compounded its difficulties in the eyes of reviewers by failing to
adequately explain its assumptions in calculating the cost of
developing a tanker. The resulting low confidence in Boeing cost
projections undercut its claims of lower life-cycle costs. Northrop
was rated higher.
What happens when the dollar continues its fall against the Euro?
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