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Boeing Hints At Dumping Lockheed Martin On Bomber Development Effort

DDN

Tuesday, March 2nd, 2010

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By Marina Malenic Boeing [BA] indicated yesterday that it may end a two-year-old teaming agreement with Lockheed Martin [LMT] for development of a next-generation Air Force bomber aircraft, a Boeing official said yesterday. Darryl Davis, president of Boeing's advanced research and technology Phantom Works unit, said that the two aerospace giants could soon part ways on the effort, citing the Defense Department's expressed desire for greater competition on large defense contracts. "The agreement has gone into a pause mode until…

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