
While Sikorsky [LMT] and Boeing [BA] submitted a proposal that was $3.6 billion lower than eventual winner Bell’s [TXT] estimated cost, new details released by the Government Accountability Office (GAO) show the Army deemed the team’s bid for the Future Long Range Assault Aircraft (FRAA) program “unacceptable” in critical evaluation areas. A 38-page redacted report released Thursday on the GAO’s decision to deny Sikorsky’s protest of the FLRAA award to Bell specifically notes the Army specifically gave an “unacceptable” designation…