Beverly Hills 11/18/2009 1:59:37 AM
News / Business

Court Reinstates Boeing’s $1 Billion Contract With Air Force

Finance World News Update by EQUITIES Magazine

The U.S. Court of Appeals for the Federal Circuit overturned the U.S. Court of Federal Claims’ decision last year that Boeing’s bid hadn’t sufficiently estimated hot to care for the aging fleet of K-135 tankers. Today, the court reinstated Boeing Co’s $1 billion contract to maintain the Air Force’s aerial-refueling tankers.

 

The federal appeals court said that the trail court had improperly imposed its own ideas of hot to write a contract over those of the Air Force.

 

"The court's attempt to write the [request for proposals] to account for the impact of aging aircraft in the manner the court preferred went beyond the scope of the court's review and amounted to an impermissible substitution of the court's judgment for the agency's," the court wrote in its opinion.

 

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