L3 outbids mighty Raytheon…
L3 Communications Holdings has been gran
ted a $2.04 billion contract by Pentagon. L3 would provide tactical transport aircraft to service the US Army as well as the air force. L3 along with Italian partner Finmeccanica SpA’s subsidiary Alenia North America Inc., Boeing Co. and Global Military Aircraft Systems had outbid Raytheon. Massachusetts based Raytheon had partnered CASA, a subsidiary of European Aeronautic Defence & Space Co. NV, (EADS). L3 would build 78 C-27J Spartan cargo planes, which would replace C-23 Sherpa, C-36, a few C-12s and other established transport aircraft s like Boeing’s CH-47 Chinook.
For Complete IIPM Article, Click on IIPM Article
ted a $2.04 billion contract by Pentagon. L3 would provide tactical transport aircraft to service the US Army as well as the air force. L3 along with Italian partner Finmeccanica SpA’s subsidiary Alenia North America Inc., Boeing Co. and Global Military Aircraft Systems had outbid Raytheon. Massachusetts based Raytheon had partnered CASA, a subsidiary of European Aeronautic Defence & Space Co. NV, (EADS). L3 would build 78 C-27J Spartan cargo planes, which would replace C-23 Sherpa, C-36, a few C-12s and other established transport aircraft s like Boeing’s CH-47 Chinook.For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative
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