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Business/Financial

GAO Denies Raytheon Protest Of Sole-Source Aegis Mod Contract To Lockheed Martin

Saturday, December 27th, 2008

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The Government Accountability Office (GAO) Dec. 22 denied Raytheon's [RTN] protests against several sole-source, non-competitive contracts that the Navy earmarked for Lockheed Martin [LMT] for modernization of Aegis weapon-control systems on Ticonderoga cruisers and Arleigh Burke Class destroyers. Raytheon Integrated Defense Systems had requested that the Navy reverse course and hold competitive bidding on the work, with Raytheon challenging three of four Navy sole-source procurements that the Navy said it intended to give Lockheed. But the GAO denied the Raytheon…

Congress

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Pentagon

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