œThe companies have decided not to submit a proposal for the T-X Trainer program, as it would not be in the best interest of the companies and their shareholders, Northrop said in a statement released Wednesday.
The Northrop-BAE team™s decision comes a week after Raytheon (NYSE: RTN) and Leonardoended their partnership and a month after the service branch sought proposals for the $16.3 billion program that seeks a replacement aircraft for the current T-38 platform.
Breaking Defense’s Colin Clark wrote the companies™ withdrawal from the competition leaves three industry teams that plan to bid for the T-X program:
Boeing (NYSE: BA) and Saab
Lockheed Martin (NYSE: LMT) and Korean Aerospace Industries
Sierra Nevada Corp. and Turkish Aerospace Industries
eSimplicity announced on LinkedIn Tuesday that Richard Smith has been appointed vice president and general manager of defense and national security. What…
Northrop Grumman (NYSE: NOC) and BAE Systems have ended a joint pursuit of the U.S. Air Force™s T-X trainer aircraft program, Breaking Defense reported Wednesday.
