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 WASHINGTON (AP) - The Air Force is likely days away from handing out one of the biggest Pentagon contracts in years — a deal valued at up to $40 billion to replace 179 planes in its fleet of aerial refueling tankers.
For the three companies bidding, there is more at stake than just the monetary award: jobs and reputation.
Boeing Co. has supplied the Air Force with refueling tankers for nearly 50 years and doesn't want to let go of that. The incumbent is considered the favorite to win — an assumption already reflected in its stock price.
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