Friday, February 26, 2016

Boeing Drops Bomber Pursuit: Boeing and partner Lockheed Martin had protested award of contract to Northrop Grumman

The Wall Street Journal 
Updated Feb. 26, 2016 2:59 p.m. ET

Boeing Co. said Friday that it won’t pursue any further challenges following its loss to Northrop Grumman Corp. of a big contract to build new bombers for the U.S. Air Force.

The Government Accountability Office this month turned down the protest made by Boeing and partner Lockheed Martin Corp. who had alleged that the Air Force selection was “irreparably flawed” because of its treatment of cost and performance estimates submitted by the opposing bidders.

Boeing could have elected to sue the Pentagon over the award, the first part of an Air Force plan to build as many as 100 jets that would enter service from 2025.

“While we remain firmly convinced of the validity of the issues raised in our protest to the Government Accountability Office of the Long Range Strike-Bomber contract award to Northrop Grumman, the Boeing-Lockheed Martin team has decided not to pursue further challenges to that award, either through the GAO or in federal court,” Boeing said in a statement.

Air Force Secretary Deborah Lee James on Friday said the new bomber would be known as the B-21 and revealed the first image of the highly-classified design. She said airmen would be polled to give it a name.

Original article can be found here:

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