Raytheon Sues US Over $90M Radar Contract Audit

Law360, New York (February 4, 2013, 2:48 PM EST) -- Defense giant Raytheon Co. launched a suit on Friday in the U.S. Court of Federal Claims contesting $93 million in disallowed costs and penalties associated with so-called indirect rates it charged to the government for development of a U.S. Air Force radar system. 

Raytheon claims that that the government wrongfully demanded the company repay $62 million in incurred costs for its work on active electronically scanned array radar, or AESA radar, which is used on the Boeing F/A-18 Super Hornet. The government also wrongfully imposed $31...
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