Tag Archives: GAO

Bloomberg: CRS Finds Northrop Bomber Bid ‘Substantially Below’ Air Force-DoD Cost Estimates

Congress could review the U.S. Air Force‘s and the Defense Department‘s independent cost estimates for the Long Range Strike Bomber program after the legislative branch’s research arm found Northrop Grumman‘s (NYSE: NOC) winning bid to be “substantially below” those projections,  Bloomberg reported Thursday. According to the story by Anthony Capaccio, Bloomberg obtained an 18-page assessment …

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Reports: Boeing-Lockheed Team to Drop Protest of Air Force Bomber Contract Award to Northrop

The team of Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT) will not pursue a legal challenge in federal claims court of the U.S. Air Force’s award of the Long Range Strike Bomber contract to Northrop Grumman (NYSE: NOC), Bloomberg reported Friday. Julie Johnsson writes the decision comes a week after the Government Accountability …

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Weekly Roundup Feb. 16 – Feb. 19 2016: The M&A Deal Leaders in 2016’s Wash100 & more

Feb. 16 – Feb. 19 2016 Click here to see Real-Time GovCon Sector Quotes A Note From Our President & Founder Jim Garrettson Over the past two weeks here, we have taken different looks at Executive Mosaic’s 2016 Wash100 list of the government contracting arena’s most influential voices and pulled out some similarities between …

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February 18 Market Close: GovCon Index Inches Up, Holds in Correction as US Stocks Decline

The GovCon Index barely held positive territory in a narrow final hour of trade Thursday to record a nominal gain of 0.041 points to 71.389 Thursday and remain in a correction for the seventh consecutive day, or 10 percent down from its most recent high on Dec. 1. ManTech International (Nasdaq: …

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Oshkosh to Continue JLTV Work, Federal Claims Court Denies Lockheed’s Injunction Request

Oshkosh Corp. (NYSE: OSK) said Friday it will continue work on the potential $6.75 billion contract awarded in August 2015 to build the Humvee ground vehicle replacement for the U.S. Army and Marine Corps after a federal claims court denied Lockheed Martin‘s (NYSE: LMT) request for a preliminary injunction. Lockheed …

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GAO Ends Army JLTV Contract Review, Lockheed to Challenge Award in Federal Claims Court

The Government Accountability Office has dismissed Lockheed Martin‘s (NYSE: LMT) protest of the Army’s potential $6.75 billion Humvee replacement contract award to Oshkosk (NYSE: OSK) on procedural grounds as Lockheed plans to challenge the branch’s decision in the Federal Claims Court. GAO said it does not decide on a protest if …

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GAO Upholds PAE-BWXT JV’s $1B NASA Facility Support Contract

The Government Accountability Office has denied a protest of NASA‘s potential 10-year,  $1.2 billion contract awarded in July to a joint venture of PAE and BWXT. Representatives from NASA and PAE have confirmed to GovCon Wire the contract with Syncom Space Services has been re-initiated. GAO will post its decision after …

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GAO Allows for BAE Recontract

Monday, the Government Accountability Office announced it would be upholding BAE System’s protest on the FMTV re-buy contract. The $2.6 billion contract was originally awarded to Oshkosh Corp. BAE Systems appealed the contract earlier in 2009 stating their main reason as a flawed procurement process. “It was absolutely a sigh …

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News- Northrop Grumman’s Cobham Intercoms to Continue Work on Army Contract

The contract, awarded in June 2009, requires Cobham to provide hearing protection and increased speech intelligibility for vehicle crew members. The indefinite delivery/indefinite quantity contract was initially awarded by the Communications and Electronics Command Contracting Center and is worth no more than $2.4 billion. Cobham is required to be able …

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