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$323 Million Contract Awarded To Boeing Withdrawn
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$323 Million Contract Awarded To Boeing Withdrawn
A $323 million contract awarded to Boeing Co (NYSE:BA) to build an airborne surveillance system for the US Army was withdrawn Tuesday.Rivals Northrop Grumman (NYSE:NOC) and Lockheed Martin (NYSE:LMT) challenged the award, a U.S. government official from the Government Accountability Office said.Boeing has a potential upside of 15.9% based on a current price of $71.83 and an average consensus analyst price target of $83.28.
Video Length: 0
Date Found: March 23, 2011
Date Produced: March 23, 2011
View Count: 0
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