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Thursday, April 09, 2009

GE's CEO supports KC-X split buy
General Electric chairman and CEO Jeff Immelt on Tuesday become one of the first corporate leaders to back a recent proposal to split the KC-X contract.

John Murtha, chairman of the House defense appropriations subcommittee, recently proposed that Northrop Grumman/EADS and Boeing compete annually to supply tankers to the U.S. Air Force.

"I think Murtha has created a path to break the deadlock," the CEO said in an interview with the Enquirer.

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