Obama Taps Boeing Exec To Advise Export Promotion Effort

In a speech to the Export-Import Bank conference, [Barack Obama] outlined steps his administration will take to promote U.S. exports and overhaul what officials have said is an outdated export-control system. Obama has re-established the President's Export Council, a presidential advisory commi...

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Bibliographic Details
Published inDefense Daily Vol. 245; no. 47
Format Newsletter Trade Publication Article
LanguageEnglish
Published Potomac Access Intelligence, LLC 12.03.2010
Access Intelligence LLC
Subjects
Aerospace industry
Aircraft industry
International trade
United States
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Summary:In a speech to the Export-Import Bank conference, [Barack Obama] outlined steps his administration will take to promote U.S. exports and overhaul what officials have said is an outdated export-control system. Obama has re-established the President's Export Council, a presidential advisory committee on international trade, and named [James McNerney] and Xerox Co. [XRX] chief executive Ursula Burns, to lead it. The Aerospace Industries Association estimates that about half of its workforce depends on exports. Earlier this week, EADS North America and its industry partner Northrop Grumman [NOC] announced that they would not bid for a multi-billion-dollar Pentagon deal to build a new fleet of Air Force tankers. Northrop Grumman CEO Wes Bush alleged that the Defense Department's source selection methodology "clearly favors" Boeing's smaller refueling tanker. Northrop Grumman-EADS originally won a contract to build 179 tankers based on the Airbus A330 for the Air Force in February 2008. The contract was canceled when U.S. auditors upheld a Boeing protest tied to Air Force missteps in evaluating bids.
ISSN:0889-0404
1930-644X