mpenguin1
Well-Known Member
Boeing Bests Lockheed for $44 Billion Sub-Hunter Contract
The Navy said today that it had awarded one of the Pentagon's biggest military contracts to the Boeing Corporation, a potential $44 billion project to build a new fleet of antisubmarine aircraft.
The victory is a critical one for Boeing, which beat out its rival, the Lockheed Martin Corporation, in the competition for the contract.
http://www.nytimes.com/2004/06/14/business/14CND-ARMS.html
Lockheed, the nation's biggest military contractor, is the manufacturer of the aging P-3 "Orion" fleet of 196 submarine hunters. Boeing, whose winning bid was slightly less than Lockheed's, pitched the Navy on adapting Boeing's 737 commercial jets for military use.
The Navy said today that it had awarded one of the Pentagon's biggest military contracts to the Boeing Corporation, a potential $44 billion project to build a new fleet of antisubmarine aircraft.
The victory is a critical one for Boeing, which beat out its rival, the Lockheed Martin Corporation, in the competition for the contract.
http://www.nytimes.com/2004/06/14/business/14CND-ARMS.html
Lockheed, the nation's biggest military contractor, is the manufacturer of the aging P-3 "Orion" fleet of 196 submarine hunters. Boeing, whose winning bid was slightly less than Lockheed's, pitched the Navy on adapting Boeing's 737 commercial jets for military use.