Boeing [BA] and Lockheed Martin [LMT] on Friday filed a formal protest with the Government Accountability Office (GAO) over the Air Force awarding the Long Range Strike Bomber (LRSB) contract to Northrop Grumman [NOC], according to the Air Force.Boeing and Lockheed Martin, in a joint statement, called the selection process “fundamentally flawed” and said the cost evaluation performed by the Air Force did not properly reward the contractors’ proposals to break the “upward-spiraling historical cost curves of defense acquisitions.” The…
