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Defense giants vie for $10B bomber deal ; Lockheed Martin and Boeing will pursue the Air Force contract; Northrop Grumman interested.
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Boeing Co. and Lockheed Martin Corp. said Friday they will team
to pursue an Air Force contract that could be worth $10 billion to
develop a next-generation, long-range bomber aircraft.
Northrop Grumman Corp., a rival which developed the B-2 Spirit
stealth bomber, said it would expect to compete for the new
contract.
Once the Pentagon chooses a contractor for the bomber program, it
would be managed by the Aeronautical Systems Center at Wright-
Patterson Air Force Base.
...
Related newspaper, magazine, and journal articles from HighBeam Research
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SLOW LANE? AIR FORCE DELEGATION QUESTIONS PACE OF F-22 TESTING.(News)
Daily News (Los Angeles, CA)
; Byline: Charles F. Bostwick Staff Writer EDWARDS AIR FORCE BASE - Top Air Force and Lockheed Martin officials visited Edwards Air Force Base last week to discuss the pace of F-22 testing, which Air Force officials said was not going as quickly as they want. After the session, Air Force Materiel
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LOCKHEED WINDFALL AIR FORCE TRANSFERS $1B IN LAUNCH WORK TO JEFFCO UNIT TO PUNISH BOEING.(Business)
Rocky Mountain News (Denver, CO)
; Byline: Gargi Chakrabarty ROCKY MOUNTAIN NEWS News wire services contributed to this report. Lockheed Martin ... Air Force Undersecretary Peter Teets said at a Pentagon news conference. ``We cannot tolerate anything but complete ...
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LOCKHEED WINDFALL AIR FORCE TRANSFERS $1B IN LAUNCH WORK TO JEFFCO UNIT TO PUNISH BOEING
Rocky Mountain News
; ... responsible and must be held accountable for the actions of its employees," Air Force Undersecretary Peter Teets said at a Pentagon news conference. "We cannot tolerate anything but complete honesty in our contracting process." "We feel that they (the Air Force ...
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BOEING LOSES 7 DELTA LAUNCHES AIR FORCE INFLICTS PENALTY OVER THEFT OF LOCKHEED DOCUMENTS.(Business)
Seattle Post-Intelligencer (Seattle, WA)
; ... effect on the company's rocket program. We remain committed to Delta 4, he added. The sanctions were announced at a Pentagon news conference by Air Force Undersecretary Peter Teets, a former Lockheed Martin executive who retired in 1999. He told reporters ...
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Air Force, Lockheed Martin Hold Talks.
Fort Worth Star-Telegram (Fort Worth, Texas) (via Knight-Ridder/Tribune Business News)
; ... largest defense contractor. To see more of the Fort Worth Star-Telegram, or to subscribe to the newspaper, go to http://www.dfw.com (c) 2002, Fort Worth Star-Telegram, Texas. Distributed by Knight Ridder/Tribune Business News. TICKER SYMBOL(S): LMT
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