Search This Blog

Saturday, March 09, 2013

Beechcraft to Protest Air Force Contract Decision

AT-6B Texan II |Airplane maker Beechcraft Corp. said Friday it will formally protest an Air Force decision to award a competitor a contract worth more than $427 million, claiming the decision puts an estimated 1,400 jobs in Kansas and other states in jeopardy.

The announcement is the latest development in a bitter, high-stakes competition that has taken nearly three years with legal challenges from both sides. The contract could be worth as much as $1 billion, depending on future orders.

The loss deals a major blow to Wichita, Kan.-based Beechcraft as it emerges from bankruptcy protection.

Read more
om

No comments:

Post a Comment

Note: only a member of this blog may post a comment.

Subscribe to: Post Comments (Atom)

Fair Use Notice

This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.

The material is being made available in an effort to advance understanding arms trade activities, for non-profit research and educational purposes only.

I believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law.

If you wish to use this copyrighted material for purposes of your own that go beyond 'fair use,' you must obtain permission from the copyright owner.

This is a completely non-commercial site for private personal use. No fee is charged, and no money is made off of the operation of this site.