Analyst Research

Report Title Price
Provider: Thomson Reuters Stock Report
Provider: Stock Traders Daily
Provider: New Constructs, LLC
Provider: MacroRisk Analytics/EconomicInvestor

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Lockheed Martin Corp Protests U.S. Navy's Radar Contract Award To Raytheon Co-Reuters

Tuesday, 22 Oct 2013 10:59pm EDT 

Reuters reported that Lockheed Martin Corp, on October 22, 2013 said it had filed a formal protest against the U.S. Navy's decision to award a radar contract to Raytheon Co. Lockheed spokesman Keith Little said the Company decided to file a protest with the U.S. Government Accountability Office (GAO) because it did not believe the merits of its bid were properly considered during the Navy's evaluation process. Lockheed's protest came as lawmakers from New Jersey, where Lockheed builds the Aegis system and related radars, raised concerns about the Raytheon contract award, arguing that it would be more expensive than the Lockheed proposal. Lockheed filed the protest late on October 22, 2013 with the GAO, an arm of Congress that oversees disputes about federal contract awards, Little said. The agency now has 100 days to review the protest, with its ruling expected by January 30, 2014. 

Company Quote

26 Dec 2014