Firms Poised to Get More in Stealth Suit
- Share via
WASHINGTON — McDonnell Douglas Corp. and General Dynamics Corp. could reap an extra $127 million in their lawsuit against the U.S. Navy over cancellation of the A-12 stealth airplane project in 1991, according to court documents.
The companies already are in line to split about $1.5 billion from the government once U.S. Claims Court Judge Robert Hodges issues a final judgment in the case, probably this summer.
Hodges recently has presented the parties with a draft opinion that would allow the companies to recover additional money under two price adjustment clauses in their contract with the Navy, according to court documents.
That amount could be $127 million if the firms get all they sought in a March memorandum to Hodges.
In the latest twist to the six-year courthouse battle, the companies are seeking to recover a portion of costs they claim to have incurred above the target price for producing the attack planes.
The opinion, if issued in final form, would represent a switch for Hodges, who in previous decisions indicated that the two firms were limited by the target price.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
