Published: Monday, March 10, 2008
Boeing protests tanker decision
Herald Staff
The Boeing Co. will protest its loss of a $35 billion U.S. Air Force contract, the company said today.
"Our team has taken a very close look at the tanker decision and found serious flaws in the process that we believe warrant appeal," Jim McNerney, Boeing chief executive officer, said in a prepared statement. "This is an extraordinary step rarely taken by our company, and one we take very seriously."
The company found out late last month that the Pentagon rejected its bid to supply the agency with 179 aerial refueling tankers in favor of a proposal from Northrop Grumman and EADS. The decision has been debated fiercely both in Congress and in the press.
Boeing will dispute the contract with the Government Accountability Office, which has up to 100 days to review the protest.
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