Raytheon [RTN] said Monday it won’t protest the Air Force’s multi-billion dollar contract award to Lockheed Martin [LMT] for its long-awaited Space Fence program. “After reviewing the results of the debrief, we believe not protesting the Space Fence decision is the right thing to do,” company spokesman Michael Nachshen said in a statement. Nachshen said Raytheon put forward the most affordable, lowest-risk solution, which drew heavily on the company’s experience as the world leader in building large-phased array radars in…
