December 18, 2008 6:00 PM
- Text
Protest Leads to Rivals Joining Up for NASA's New Spacesuit
(MoneyWatch) Oceaneering International and Hamilton Sunstrand bid on the contract for NASA's new spacesuit in support of the future Moon and Mars missions. Oceaneering won and Sunstrand protested. This protest led to a withdrawal of the original contract and a new competition. The Houston Business Journal reports that the two companies have now teamed on this new contract. Of course while this settles the issues with the protest it does limit competition for the contract. This has happened in the past on DoD contracts where the loser and winner eventually end up teaming to meet the contract needs. While it is good for the two companies as they both up getting work, it may hurt the taxpayer as the price may not have been as good if the two companies were bidding against each other.
Latest Now in MoneyWatch
- Ohio unemployment hits 3-year-low
- Jill on Money: Retirement investing, allocation, long term care
- Could "web-lining" be dangerous?
- Insurers respond cautiously to contraceptive plan
- Judge: Legally, breastfeeding not related to pregnancy
- Budget deficit drops to $27 billion in January
- Why the Powerball Jackpot is part of my investment strategy
- Is the new VW Beetle diesel worth the money?
- Consumer sentiment highlights risks to recovery
- Valentine blues? 10 best cities to be single
- December trade deficit widens to $48.8 billion
- Alcatel-Lucent returns to profit in 2011
- 6 things never to say in a performance review
- $26B mortgage deal: Who gets the money?
- Friendly's CEO steps down
- Quarterly loss hits $3.3B at Postal Service
- Greeks rail against cuts as EU demands more
Latest CBS News Headlines
on Facebook
on CBS News
- Militants decry attacks against Pakistani military
- Boeing says it's frustrated with Dreamliner glitch
- Officials: Gaza man killed in Israeli airstrike
- Gunmen kill provincial judge, child in Afghanistan
on Facebook
- Whitney Houston 1963-2012
- Adele sings a cappella for Anderson Cooper
- "Phantom" star sings on "CBS This Morning: Saturday"
on CBS News






