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Austin Instrument v. Loral

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Austin Instrument v. Loral
Court New York Court of Appeals
Citation
Date decided July 6, 1971

Facts

A defense contractor who failed to deliver might have blown its chance of getting another contract with the U.S. military.

In 1965, Loral Corp. ("Loral") won a $6 million contract with the U.S. Navy to manufacture & deliver radar sets. In turn, Loral award Austin Instrument, Inc. ("Austin") a sub-contract for 23 of the 40 radar components.

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