Increased Costs in the Aggregate Under CAS

Raytheon Company
2010 - 2011

Our attorneys successfully represented Raytheon Company in an appeal before the Armed Services Board of Contract Appeals, whereby Raytheon contested a government claim for US$40.7MM (plus compound daily interest) for increased costs in the aggregate due to a change in accounting practice involving the measurement of pension costs.  The Board ruled in favor of Raytheon as a matter of law and denied the government's claim in full.

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