Boeing Wins Revival of Accounting Dispute Over Navy Contract

Boeing Co. won revival of its attempt to recover $1 million the U.S. is withholding in a dispute over a U.S. Navy contract after the Federal Circuit said Monday the company didn’t waive a challenge to an accounting rule.

The U.S. Court of Federal Claims was wrong when it said Boeing waived its breach of contract claim by failing to object to a Federal Acquisition Regulation provision covering accounting practices before entering into a Navy contract, the U.S. Court of Appeals for the Federal Circuit ruled.

The government didn’t show that Boeing “bypassed an avenue of relief” that could have ...