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... kits are a critical component of the KC-10 Extender. The whistleblowers, Anthony Rico and Fernando de la Garza, are former Boeing employees and will receive $2,265,000 as their share of the settlement. The settlement will be a combination of cash payment ... the Air Force Office of Special Investigations and the defense Contract Audit Agency. Click here to read the full article "Boeing Company to Pay U.S. $25 Million to Resolve Allegations Related to Defective Work on KC-10 Aerial Refueling Aircraft ...

... David Kris, Assistant Attorney General for National Security, said: " For years, Mr. Chung stole critical trade secrets from Boeing relating to the Space Shuttle and the Delta IV rocket - all for the benefit of the government of China. Today's verdict ... technology has come to an end. FBI counter- intelligence agents and NASA received the full cooperation of the Boeing Company in building this three-year investigation, the successful outcome of which marks the first conviction by trial under the ...

... FTC, approved the formation of "United Launch Alliance, L.L.C. (ULA), a proposed joint venture between The Boeing Company and Lockheed Martin Corporation." ULA is a combination of "the only two suppliers of U.S. government medium to heavy ... . The Washington Post reports that: U.S. antitrust authorities yesterday approved a plan by Lockheed Martin Corp. and Boeing Co. to merge their government rocket businesses, creating a monopoly in a multibillion-dollar market that the Federal Trade Commission ...

Today, the United States Government Accountability Office ("GAO") upheld the bid protest of The Boeing Company ("Boeing") of the award of a $35 billion tanker contract to Northrop Grumman Corp. and European Aeronautic Defense and ... sustained Boeing's Protest." While the GAO recommendation is not determinative as to who will eventually be awarded the government contract, it provides Boeing another shot to obtain the enormous procurement. The GAO issued a full 69 page decision which is currently ...

Boeing Company has announced in its recent 10-K filing (9 February 2009) that it has prevailed in an arbitration brought by insurers in respect of a defective model 702 satellite. Insurers of Thuraya Satellite Telecommunications (Thuraya) commenced arbitration in 2004 alleging that Boeing Satellite Systems International, Inc. (BSSI) breached its contract with Thuraya for the sale of a satellite that experienced power loss issues. The claim against ...

[JURIST] Judge J. Michael Luttig [SCOTUSblog backgrounder], 51, of the Richmond, Virginia-based US Court of Appeals for the Fourth Circuit [official website] resigned from the bench Wednesday to accept a position as senior vice-president and general counsel [Boeing press release] of the Boeing Company [corporate website], the giant airplane manufacturer and defense contractor. Luttig became the

A press release issued by the US Attorney's Office in Kansas states that The Boeing Company has agreed to pay the United States more than $1 million to settle allegations that it improperly billed for materials used to install new...

... Boeing couldn't properly protect data in its computer systems from theft, manipulation and fraud. The story also suggested that the company may have misrepresented the security of its data in filings to the Securities and Exchange Commission. The fired employee says ... Act is poorly written and places vague and expensive burdens on them to implement -- especially for companies the size of Boeing. Documents that the Seattle P-I obtained discussing internal and external audits of Boeing show that ...

... quite ready to digest the monstrous panel reports that are likely to come out of this dispute. In the meantime, Airbus and Boeing continue to compete in the marketplace, with the WTO dispute playing an important background role. From The Economist: ... On February 13th the ... workers, and we should not turn a critical military contract over to a foreign company that is unfairly supported and subsidised by foreign powers." If Boeing wins the contract, it would not be too surprising if the EU adds a ...

... added itself to the list of companies that are phasing out defined benefit pension plans. In negotiations with its unions, Boeing is proposing that all new employees be enrolled in a 401(k) type plan supplemented with contributions by Boeing. The proposal is not surprising. Many companies are working to replace their pension plans with defined contribution plans as the only form of retirement security for many workers. The ...