Russia Denies Bid for U.S. Air Tanker Contract

Russia denied on Monday that its state-run United Aviation Corporation (UAC) planned to bid for a $50 billion contract to replace the U.S. Air Force's fleet of air tankers, rivaling Boeing Co and Europe's EADS.

John Kirkland, a Los Angeles-based attorney, had told various news media over the weekend that UAC would announce a joint venture on Monday with a U.S. defense contractor to enter the bidding for the tanker deal.

UAC denied it had held any talks on bidding for the contract. "We have not been holding, are not holding and are not planning to hold such talks," said a UAC official.

http://www.themoscowtimes.com/business/article/russia-denies-bid-for-us-air-tanker-contract/402313.html
http://online.wsj.com/article/SB10001424052748703580904575132081360882728.html