Inside these posts: U.S. Navy

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Boeing considered underdog for tanker contract

Boeing Co. is the underdog to land a $35 billion contract for aerial refueling tankers that the Pentagon is expected to award as early as Thursday, analysts said.

If conventional wisdom is right, EADS North America would win its first major U.S. Defense Department deal and be the front-runner to replace the entire half-century-old tanker fleet in contracts expected to total more than $100 billion. Get the full story »