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Alabama Aircraft Industries, Inc.
Alabama Aircraft Announces Win on KC-135 Litigation
October 18th, 2008
Alabama Aircraft Industries, Inc. (NASDAQ: AAII) announced that its subsidiary, AAII - Birmingham has won its case filed on June 26, 2008 in the U.S. Court of Federal Claims against the United States Air Force and The Boeing Company which challenged the Air Force's selection of Boeing for a $1.1 billion contract to perform PDM services on KC-135 aircraft. The Court set aside the Solicitation and enjoined the Air Force from proceeding with the award to Boeing requiring that "The Air Force must resolicit the procurement and take the necessary steps in a new solicitation to address explicitly the role of an ever-aging KC-135 fleet on the PDM to be performed." Ron Aramini,...
Source: Law & Health Weekly (2008-10-18)
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