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EADS North America submits bid for U.S. Air Force tanker

EADS North America submitted two copies of its 8,800-page proposal today for a $35 billion U.S. Air Force contract to replace its aging fleet of aerial refuelers.  Bids are due Friday.

Its rival, Boeing, meanwhile, plans to deliver its bid to the Air Force in the morning, a Boeing spokesman said.

"This is a big day for us," EADS North America chairman Ralph Crosby said in a media conference call. "We feel very good about what we have to offer."

It's been a fierce and long-running battle marked by controversy and accusations of unfair competition.

The U.S. Air Force is expected to make its decision in November. It’s the third time the Air Force will decide on a tanker contract.