Raytheon was hoping for a favorable ruling kind of like the GAO's aerial refueling tanker decision that boosted Boeing's ongoing bid to win that lucrative contract. Such challenges are rare. But since Boeing won its ruling, I wonder if these challenges will become more common.
GAO denies Raytheon protests on US Navy deal
WASHINGTON (Reuters) - The Government Accountability Office has denied three protests filed by Raytheon Co after the U.S. Navy decided to pursue a sole source contract for Aegis combat systems with Lockheed Martin Corp."We are disappointed with the GAO decision," said Raytheon spokesman Jonathan Casle, adding Raytheon remained convinced a competitive process would lead to more affordable products.
Lockheed Martin welcomed the decision and was ready to continue working to meet the Navy's schedule, said company spokesman Ken Ross. The work is expected to be worth billions of dollars over the coming years.
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