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Boeing Protests $1.09 Billion GOES-R Contract Award To Lockheed Martin

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Wednesday, December 17th, 2008

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Boeing [BA] protested the decision by NASA and the National Oceanic and Atmospheric Administration (NOAA) to award a $1.09 billion weather satellite contract to Lockheed Martin [LMT]. NASA and NOAA earlier this month awarded the contract for the Geostationary Operational Environmental Satellites (GOES-R), and Boeing Monday protested that award, in documents filed with the government referee in contract disputes, the Government Accountability Office (GAO). The GAO has 100 days to decide the case, until a deadline of March 25. Boeing…

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