Team Infidel
Forum Spin Doctor
Boston Globe
November 6, 2007
General Dynamics Corp., the defense contractor that protested an $11 billion Army award to Raytheon Co., has joined with the rival to work on the training contract. Raytheon has been told it can now begin work on the award, called the Warfighter Field Operations Customer Support program, Jonathan Kasle, a spokesman for Waltham's Raytheon, said Raytheon originally won the contract in June. The protest by General Dynamics had prevented the start of work until now. General Dynamics gained $1.72, to $91.85, while Raytheon rose 21 cents to $63.37.
--Bloomberg
November 6, 2007
General Dynamics Corp., the defense contractor that protested an $11 billion Army award to Raytheon Co., has joined with the rival to work on the training contract. Raytheon has been told it can now begin work on the award, called the Warfighter Field Operations Customer Support program, Jonathan Kasle, a spokesman for Waltham's Raytheon, said Raytheon originally won the contract in June. The protest by General Dynamics had prevented the start of work until now. General Dynamics gained $1.72, to $91.85, while Raytheon rose 21 cents to $63.37.
--Bloomberg