Archive: Business/Financial

GAO Denies Raytheon Protest Over L-3 Team Win For Joint Cargo Aircraft Program

By Ann Roosevelt The Government Accountability Office (GAO) Sept. 27 denied a protest by Raytheon [RTN] over the potential $2 billion Army-Air Force Joint Cargo Aircraft (JCA) program won by a team led by L-3 Communications [LLL]. L-3, Finmeccanica’s Alenia North America, Boeing [BA] and Global Military Aircraft Systems offered the C-27J Spartan. "With the […]