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Business/Financial

Boeing Renews Protest Of GOES-R Contract Award To Rival Bidder Lockheed

DDN

Friday, May 22nd, 2009

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Some $1.09 Billion At Stake In This Contract, More Billions Are Possible In Later Action The Boeing Co. [BA] renewed its protest of a NASA-NOAA contract award to Lockheed Martin Corp. [LMT] for the GOES-R satellite program. The Government Accountability Office (GAO), the government umpire on contract protests, took no action when Boeing protested the initial GOES-R award to Lockheed in December, to give NASA and NOAA time to reconsider the award. Those agencies did that, and then again announced…

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