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Navy/USMC

Unsuccessful Aegis Bidders Won’t Protest Lockheed Martin Award

Defense Daily Staff

Wednesday, March 20th, 2013

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Raytheon [RTN] and Boeing [BA], the two defense firms unsuccessful in their attempt to win the Navy’s recently completed competition to modernize the ship-based Aegis Combat System, say they do not intend to protest the award to incumbent Lockheed Martin [LMT]. The Navy announced March 4 that Lockheed Martin had won the lucrative competition and will continue as the prime contractor for Aegis, which is deployed on cruisers and destroyers and has been the cornerstone of the Navy’s sea-based air…

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