By Geoff Fein For the past several years, defense companies had been waiting for the Navy to open up the Aegis combat system modernization contract. In May, when the Navy posted sole source solicitations to Lockheed Martin [LMT] on Federal Business Opportunities for Aegis modernization work, Raytheon [RTN] decided it was time to act. The company this week filed a protest with the Government Accountability Office (GAO), not over a contract award, but for lack of competition, an industry source…
As A Measure of Last Resort, Raytheon Files Protest Over Lack of Aegis Competition
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