General Electric Company v. Lawrence J. Delaney, Acting Secretary of the Air Force
Court of Appeals for the Federal Circuit
1Opinion of the Court
MAYER, Chief Judge.
General Electric Company (GE) appeals the decision of the Armed Services Board of Contract Appeals, ASBCA No. 44646 (February 10, 2000), denying its appeal of a contracting officer’s final decision to disallow a portion of the depreciation charges GE proposed in connection with six delivery orders for spare parts. Because the board misinterpreted the Federal Acquisition Regulations (FAR), we reverse.
Background
As part of the Peace Onyx Program between the United States and Turkey, GE entered into a joint venture with three Turkish entities to establish an affiliated company,…
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