Boeing [NYSE: BA] and Lockheed Martin [NYSE: LMT] today released the following statement on the U.S. Air Force’s decision to award Northrop Grumman the Long Range Strike-Bomber contract:
The Boeing and Lockheed Martin team is disappointed by today’s announcement. We will have further discussions with our customer before determining our next steps. We are interested in knowing how the competition was scored in terms of price and risk, as we believe that the combination of Boeing and Lockheed Martin offers unparalleled experience, capability and resources for this critically important recapitalization program.
Source: The Boeing Company (NYSE: BA)
Date: Oct 27, 2015