Raytheon Prevails In $52M Contracting Dispute

Law360, New York (April 6, 2011, 7:42 PM EDT) -- A federal appeals board last week ruled in favor of Raytheon Co. in a roughly $52 million contracting dispute over alleged increased costs stemming from a pension plan accounting change.

Administrative Judge Monroe E. Freeman Jr. of the Armed Services Board of Contract Appeals on March 31 found no genuine issues of material fact when it came to the federal government's allegations in the cost accounting standards case, entitling Raytheon to judgment as a matter of law.

Raytheon was fighting an administrative decision reducing the price...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.