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Sierra Nevada Corp. filed a formal protest with the U.S. government to block the $6.8 billion “space taxi” contracts awarded to Boeing Co. (BA) and Elon Musk’s Space Exploration Technologies Corp.

The company’s own proposal would have saved as much as $900 million compared with the bids chosen by the government and was “near equivalent” on technical aspects, it said in a statement today. It filed the legal challenge with the Government Accountability Office over what it called “serious questions and inconsistencies” in the contract award process.

Source: www.bloomberg.com

Sierra Nevada protests for first time against award that could have saved taxpayers $900,000,000 compared to the award won by Boeing and Elon Musk