LOCKHEED MARTIN CORP., Bethesda, Md., and Raytheon Co., Waltham, Mass., the military contractors, won a contract for $1.1 billion over six years to research and develop two ground-based missiles for the United States Army.
After the courts struck down an avalanche of eleventh-hour injunctions, late on April 20th a consortium of contractors won the right to build Belo Monte, a huge hydroelectric power station to be raised on the Xingu river in the eastern Amazon basin.The victors led by Chesf, a state-owned hydropower generator, and several construction firms celebrated quietly and quickly.
In general, contractors win jobs by promising low prices, which promotes worker abuse.
Local contractors win probably 90% of those issued.
Due to an ongoing change in the market, where new contractors win several large-scale projects, it becomes important to identify the opportunities and challenges that occur when the competition in the market increases.
Lockheed Martin, Bethesda, Md., the military contractor, won a $1.9 billion contract to provide weather reports, radio communications and flight planning for the Federal Aviation Administration.
RAYTHEON INC., Lexington, Mass., the U.S.'s fourth largest military contractor, won a $224.5 million contract to build 167 Tactical Tomahawk cruise missiles for the U.S. Navy.
NORTHROP GRUMMAN CORP., Los Angeles, the military contractor, won a $400 million award from the National Aeronautics and Space Administration to help design a nuclear-powered spacecraft to explore Jupiter's moons, NASA said.
By G. F. T. Ryall The New Yorker, November 1 , 1976P. 157 Great Contractor won the Jockey Club Gold Cup at Belmont Park last Saturday.
RAYTHEON, Lexington, Mass., the United States' third-largest military contractor, won a subcontract from the closely held Science Applications International Corp., San Diego, a research and engineering company, valued at as much as $350 million to supply parts and services to the United States Air Force.
Boeing Co., Chicago, the military contractor, won a $54 million contract to launch four navigation satellites for the Air Force in the second exception to a ban imposed on the company last year.
