When Kuwait announced in April that it will be buying $9.1 billion worth of fighter jets from Airbus (NASDAQOTH: EADSY), that sounded like bad news for Boeing (NYSE: BA). For months, the Obama administration had been dragging its feet on approving a sale of Boeing’s competing F/A-18 fighter jet to Kuwait. Ultimately, Kuwait chose to buy fighters from Airbus, which was quicker to approve the deal.
Or not.