The Contracting Education Academy

Contracting Academy Logo
  • Home
  • Training & Education
  • Services
  • Contact Us
You are here: Home / Archives for LRSB

December 11, 2015 By AMK

Air Force looking into data breach related to contract protest

The U.S. Air Force is looking into how classified data about a competition for a next-generation U.S. bomber found its way into a report published by Forbes magazine, according to several sources familiar with the issue.

Boeing Co and Lockheed Martin Corp this month filed a formal protest against the Air Force’s contract with Northrop Grumman Corp to develop the new long-range strike bomber, a deal worth up to $80 billion.

Loren Thompson, chief operating officer of the Lexington Institute think tank, published a detailed column on the Forbes website the day the protest was filed, saying the estimate that it would cost $21.4 billion to develop the plane was roughly twice what the competing industry teams had bid.

The level of detail included in the column raised concerns given the classified nature of the bomber program, according to three of the sources.

Keep reading this article at: http://www.reuters.com/article/2015/11/25/usa-airforce-bomber-idUSL1N13G01220151125#OpgexKK8s5BMjFK0.97

Filed Under: Government Contracting News Tagged With: Air Force, award protest, best value, Boeing, Lockheed Martin, LRSB, Northrop Grumman, proposal evaluation

November 9, 2015 By AMK

Boeing-Lockheed team challenges Air Force bomber contract award

The team of Boeing and Lockheed Martin has filed a protest against the U.S. Air Force‘s award of the multibillion dollar Long Range Strike Bomber contract to Northrop Grumman nearly a week after a post-selection debrief.

Boeing Lockheed statement 11.06.2015

Boeing said in a statement issued Friday (November 6, 2015) they took issue with the Air Force’s evaluations of costs in both teams’ proposals and that the company called “relative or comparative risks” of each proposal.

Keep reading this article at: http://www.govconwire.com/2015/11/boeing-lockheed-team-challenges-air-force-bomber-contract-award/

Filed Under: Government Contracting News Tagged With: Air Force, award protest, LRSB, proposal evaluation

September 8, 2015 By AMK

Air Force blames mistaken bomber costs on ‘human error’

The U.S. Air Force blamed mistaken cost estimates for the new bomber program — one of the most closely watched defense acquisition efforts underway — in part on “human error.”

As Bloomberg News reporter Tony Capaccio noted in a question to officials during a “State of the Air Force” briefing at the Pentagon, the service this year estimated the so-called Long Range Strike Bomber, or LRSB, would cost $58 billion over a decade, up from a previous estimate of just $33 billion — though the correct figure is closer to $42 billion.

Air Force Secretary Deborah Lee James said the following about the discrepancy:

“There has been no change in the costing factors over the last two years,” she said. “It was a mistake. It was a regrettable mistake. It occurred in part because of human error and in part because of process error, meaning a couple of our people got the figures wrong and the process of coordination was not fully carried out in this case. Coordination, of course, means other people are providing a check and balance and looking at the numbers, so that’s typically how something like this would get caught.”

Keep reading this article at: http://www.dodbuzz.com/2015/08/27/air-force-blames-mistaken-bomber-costs-on-human-error/

Filed Under: Government Contracting News Tagged With: Air Force, cost estimate, F-35, LRSB

Popular Topics

abuse acquisition reform acquisition strategy acquisition training acquisition workforce Air Force Army AT&L bid protest budget budget cuts competition cybersecurity DAU DFARS DHS DoD DOJ FAR fraud GAO Georgia Tech GSA GSA Schedule GSA Schedules IG industrial base information technology innovation IT Justice Dept. Navy NDAA OFPP OMB OTA Pentagon procurement reform protest SBA sequestration small business spending technology VA
Contracting Academy Logo
75 Fifth Street, NW, Suite 300
Atlanta, GA 30308
info@ContractingAcademy.gatech.edu
Phone: 404-894-6109
Fax: 404-410-6885

RSS Twitter

Search this Website

Copyright © 2023 · Georgia Tech - Enterprise Innovation Institute