• Most Popular
  • Most Shared

Pentagon to audit troubled helicopter program

Fri Feb 22, 2008 12:00pm EST

Stocks

   

WASHINGTON, Feb 22 (Reuters) - The Pentagon's internal watchdog agency said on Friday it will audit a contested $15 billion helicopter program to see if the U.S. Air Force followed the rules when it changed military requirements for the aircraft.

Stocks

The audit, due to begin next month, will examine whether changes to "key performance parameters" for the helicopter were properly disclosed and vetted through the Pentagon's Joint Requirements Oversight Council, according to a Feb. 19 letter from the Pentagon's inspector general announcing the audit.

Critics say that without the change, Boeing Co (BA.N), the initial winner in the competition, would not have been able to compete at all. The Air Force had to redo the competition last year after the Government Accountability Office twice upheld protests filed by the losing bidders, Lockheed Martin Corp (LMT.N) and United Technologies Corp (UTX.N). (Reporting by Andrea Shalal-Esa; Editing by Tim Dobbyn)



More from Reuters

Joint Terminal Attack Controller SSgt Clinton J. Herbison, a U.S. Airman from the 817 Expeditionary Air Support Operations Squadron (EASOS) takes a break during a night mission near Honaker Miracle camp at the Pesh valley of Kunar Province August 12, 2009. Credit: REUTERS/Carlos Barria

Pictures of the Year

A look at the best photos of 2009.  Slideshow 

    The Dalai Lama jokes with a nasal spray after being asked his opinion on the swine flu during a press conference after his first lecture in Lausanne, Switzerland, August 4, 2009. REUTERS/ Valentin Flauraud

    What a wacky year it's been...

    Um, what's up the Dalai Lama's nose? "Oddly Enough" editor Bob Basler rounds up the goofiest photos of the year.  Full Article 

    A caution sign is seen next to a stock board at the Australian Securities Exchange (ASX) in Sydney September 5, 2008. REUTERS/Daniel Munoz
    Political Risk in 2010:

    Don't say we didn't warn you

    With the financial crisis (mostly) in the past, U.S. investors are eying a fresh start to the coming year. Here's a look at what speedbumps lie ahead.  Full Article