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Tag Archives: LRSB

Boeing Lands $400M Air Force Bomber Engineering IDIQ

Boeing (NYSE: BA) has received a one-year, $400M contract to help the U.S. Air Force engineer B-1 and B-52 bombers. The company will perform recurring and non-recurring aircraft engineering services under the indefinite-delivery/indefinite-quantity contract, the Department of Defense said Friday. Locations of work include Tinker AF Base in Oklahoma, Edwards AFB …

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Bloomberg: GAO Issues Declassified Version of Air Force Bomber Contract Award Protest Decision

The Government Accountability Office has said that Northrop Grumman’s (NYSE: NOC) proposal for the U.S. Air Force’s Long Range Strike Bomber program held “significant structural advantages” over a bid by the team of Boeing (NYSE: BA) and Lockheed Martin (NYSE: LMT), Bloomberg reported Wednesday. Anthony Capaccio and Julie Johnsson write GAO made …

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Bloomberg: USAF Expects Sept. Release of GAO’s ‘Declassified’ Bomber Contract Bid Protest Ruling Documents

The U.S. Air Force could finish a declassified copy of the Government Accountability Office‘s decision to uphold the military branch’s selection of Northrop Grumman (NYSE: NOC) over a Boeing (NYSE: BA)-Lockheed Martin (NYSE: LMT) team for the Long Range Strike Bomber program around late September, Bloomberg reported Wednesday. Anthony Capaccio writes the Air Force will redact GAO’s findings in the …

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Bloomberg: Air Force’s Randall Walden Cites ‘Correlation’ Between LRSB Aircraft Cost, Capacity

The U.S. Air Force does not want to publicly disclose the Long Range Strike Bomber contract’s value because the military service believes a disclosure may give adversaries a hint about the aircraft’s specifications, Bloomberg reported Wednesday. Randall Walden, director of the Air Force’s Rapid Capabilities Office, told Sen. John McCain in a letter obtained by …

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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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Reports: William LaPlante Says Air Force to Award Bomber Contract Soon

William LaPlante, assistant secretary of the U.S. Air Force for acquisition, has said the service will award the potential $80 billion contract for the Long Range Strike Bomber soon, Reuters reported Wednesday. Idrees Ali and Andrea Shalal write that LRSB will succeed the Air Force’s aging fleet of B-1, B-2 and B-52 …

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