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Business/Financial

Navy’s Decision To Sole-Source Aegis Work Was ‘Unobjectionable,’ GAO Says

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Monday, January 12th, 2009

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By Geoff Fein The Navy's decision to award several sole-source contracts to Lockheed Martin [LMT] for Aegis combat system work were unobjectionable given that the service determined that an award to Raytheon [RTN] would result in schedule delays, according to the Government Accountability Office (GAO). The GAO's published decision was made available Friday. The agency issued its decision denying Raytheon's protests on Dec. 22 (Defense Daily, Dec. 27). In September, the Navy issued justification and approval documents that concluded awarding…

Congress

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Congress

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Congress

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