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Lockheed Martin and Boeing dispute Air Force contract award for new stealth bomber

After the Pentagon has awarded Northrop Grumman the long-awaited $21.4-billion contract to develop and build the Air Force’s new stealth bomber, competitors Boeing and Lockheed Martin have jointly filed a protest, citing concerns over the cost evaluation portion in the bidding process that didn’t recognize the two companies’ pledge to break the cycle of skyrocketing defense acquisition costs. Read More »