Boeing, Lockheed will not take stealth bomber protest to courts

February 27, 2016 2:41 PM

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Boeing, Lockheed will not take stealth bomber protest to courts

The Boeing Co. (NYSE: BA) said Friday it won't pursue any further action to challenge the U.S. Air Force's award of the stealth bomber program to Northrop Grumman Corp. (NYSE: NOC).

This means Falls Church, Va.-based Northrop has secured the $80 billion program and has endured all attempts from competitors wrestle the contract away from it. Chicago-based Boeing made the announcement the same day that the Air Force unveiled a rendering of the Long-Range Strike Bomber's design, t...

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