Boeing, Lockheed Martin Protest Air Force Bomber Contract Award

ST. LOUIS, Nov. 6, 2015 — (PRNewswire) —  Boeing [NYSE: BA] and Lockheed Martin [NYSE: LMT] filed a formal protest today asking the U.S. Government Accountability Office (GAO) to review the decision to award the Long Range Strike-Bomber (LRS-B) contract to Northrop Grumman.

Boeing and Lockheed Martin concluded the selection process for the Long Range Strike Bomber was fundamentally flawed. The cost evaluation performed by the government did not properly reward the contractors' proposals to break the upward-spiraling historical cost curves of defense acquisitions, or properly evaluate the relative or comparative risk of the competitors' ability to perform, as required by the solicitation. That flawed evaluation led to the selection of Northrop Grumman over the industry-leading team of Boeing and Lockheed Martin, whose proposal offers the government and the warfighter the best possible LRS-B at a cost that uniquely defies the prohibitively expensive trends of the nation's past defense acquisitions.

Headquartered in Bethesda, Maryland, Lockheed Martin is a global security and aerospace company that employs approximately 112,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services. The Corporation's net sales for 2014 were $45.6 billion.

A unit of The Boeing Company, Defense, Space & Security is one of the world's largest defense, space and security businesses specializing in innovative and capabilities-driven customer solutions, and the world's largest and most versatile manufacturer of military aircraft. Headquartered in St. Louis, Defense, Space & Security is a $31 billion business with 53,000 employees worldwide. Follow us on Twitter: @BoeingDefense.

Contact:

Todd Blecher
Boeing Defense, Space & Security
Office: +1 703-414-6033
Mobile: +1 312-543-4311
Email Contact

Dan Nelson
Lockheed Martin
Office: +1 301-897-6357
Mobile: +1 301-219-9075
Email Contact

 

To view the original version on PR Newswire, visit: http://www.prnewswire.com/news-releases/boeing-lockheed-martin-protest-air-force-bomber-contract-award-300174028.html

SOURCE Boeing Defense, Space & Security

Contact:
Boeing Defense, Space & Security
Web: http://www.boeing.com/bds




Review Article Be the first to review this article
Aldec


Featured Video
Editorial
Roberto FrazzoliEDACafe Editorial
by Roberto Frazzoli
Intel’s new CEO: comments from media and analysts
More Editorial  
Jobs
Pre-silicon Design Verification Engineer for Intel at Santa Clara, California
Technical Marketing Mmanager for EDA Careers at Fremont, California
Staff SerDes Applications Design Engineer for Xilinx at San Jose, California
Entry Level Design Verification Engineer for Cirrus Logic, Inc. at Austin, Texas
Senior Application Engineer Formal Verification for EDA Careers at California or Austin, California
ASIC Engineer for Amazon at seattle, Washington
Upcoming Events
Si2 AI/ML Winter Workshop at United States - Jan 29, 2021
virtual DATE 2021 at France - Feb 1 - 5, 2021
SEMI Technology Unites Global Summit at United States - Feb 15 - 19, 2021
DVCon U.S. 2021 at Virtual - Mar 1 - 4, 2021



© 2021 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise