Consider Settling Gov't Contract Disputes Without Cash

Law360, New York (March 12, 2014, 1:41 PM EDT) -- Many government contract law practitioners were in elementary school when the Navy, McDonnell Douglas (now The Boeing Co.), and General Dynamics Corp. first squared off, in the last millennium, to resolve a dispute over the cancellation of the A-12 stealth aircraft program. However, on Jan. 23, 2014, after a 23-year litigation death-march involving numerous dueling claims, millions of documents, thousands of pages in pleadings, and multiple trials and appeals, the exhausted parties finally gave up, agreeing to settle the multibillion-dollar dispute not with a bang but a whimper, with a value of about $400 million changing hands in favor of the Navy....

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