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Lockheed Martin Protests Navy’s Award For Next Ship-Based Air Defense Radar

Lockheed Martin [LMT] on Tuesday formally protested the Navy’s decision earlier this month to award the contract for the new Air Missile Defense Radar (AMDR) to Raytheon [RTN]. Lockheed Martin confirmed it filed the protest with the Government Accountability Office (GAO), saying its proposal was not properly evaluated. Northrop Grumman [NOC] also lost the competition but has not announced its intentions. Raytheon's rendering of AMDR. “After careful consideration, Lockheed Martin has protested the Navy’s award of the Air and Missile…

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