Stock Equipment Company, a Unit of General Signal Corporation v. Tennessee Valley Authority

TJOFLAT, Chief Judge:

The Tennessee Valley Authority (TVA) appeals from a decision of the district court, entered after a bench trial, awarding $2,988,544 to Stock Equipment Co. (Stock) pursuant to a “termination for convenience” clause in a contract between the parties. We affirm. Because the resolution of the parties’ dispute hinges on an understanding of the contractual relationship between TVA and Stock, which itself hinges in part on the extent to which the provisions of a separate contract between TVA and a third party were made applicable to the TVA-Stock contract, we set out the facts…