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EADS close to tanker decision

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EADS close to tanker decision

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Sources say EADS is close to a decision on bidding for a deal to supply air refuelling tankers to the United States.

The aerospace company’s executives were said to be meeting on Friday on whether to go ahead with a US partner to provide the electronics – the reported favourite for that role is New York based L3-Communications.

The alternative is for EADS to conserve resources for cash-hungry aircraft development projects in Europe.