Boeing suspension delays EELV procurement
Posted: Wed, Jan 21, 2004, 9:43 AM ET (1443 GMT)
Boeing's continued suspension from bidding on military launch contracts will likely delay the procurement of the next round of Evolved Expendable Launch Vehicle (EELV) contracts until April or May, Pentagon officials said recently. The Air Force suspended Boeing from bidding on military launch contracts as part of its punishment for acquiring sensitive EELV documents from competitor Lockheed Martin in the mid-1990s and using those when preparing its own bid. Air Force officials said there is no timetable for removing the suspension, which is supposed to remain in place until Boeing has taken sufficient steps to prevent similar problems in the future. The "Buy Three" EELV contracts will cover over 20 launches initially valued at about $2 billion, but which could rise to $3 billion because of cost increases with both Boeing's Delta 4 and Lockheed's Atlas 5. That price increase will subject the program to an automatic review of any military program whose costs increase by at least 25 percent, although there is almost no chance this review would lead to cancellation of the program.
Boeing's continued suspension from bidding on military launch contracts will likely delay the procurement of the next round of Evolved Expendable Launch Vehicle (EELV) contracts until April or May, Pentagon officials said recently. The Air Force suspended Boeing from bidding on military launch contracts as part of its punishment for acquiring sensitive EELV documents from competitor Lockheed Martin in the mid-1990s and using those when preparing its own bid. Air Force officials said there is no timetable for removing the suspension, which is supposed to remain in place until Boeing has taken sufficient steps to prevent similar problems in the future. The "Buy Three" EELV contracts will cover over 20 launches initially valued at about $2 billion, but which could rise to $3 billion because of cost increases with both Boeing's Delta 4 and Lockheed's Atlas 5. That price increase will subject the program to an automatic review of any military program whose costs increase by at least 25 percent, although there is almost no chance this review would lead to cancellation of the program.
Related Links:
| <<previous article | next article>> |
|
news in brief
|
|
|
|
news links
|
|
Sunday, February 12
Final ‘go’ for Vega launch
ESA — 10:27 am ET (1527 GMT) Our spaceship has arrived: Museum of Flight takes delivery of Soyuz capsule
GeekWire — 9:01 am ET (1401 GMT) Glenn reflects on his mission, future of space
Zanesville (OH) Times-Recorder — 8:59 am ET (1359 GMT) A lawyer's idea of marketing
Las Cruces (NM) Sun-News — 8:59 am ET (1359 GMT) 'Hang me for so-called omission... but let them go through democratic process'
Indian Express — 8:57 am ET (1357 GMT) |