U.S. Air Force award of four rocket launches this year is likely to be delayed

BOEING CO., under fire over allegations it wrongly used a rival's
documents to win a government rocket deal, is holding talks with
the Air Force that could see it lose some contracts, The Wall
Street Journal reported. Boeing is the subject of probes by
both the U.S. Air Force and the Justice Department over whether
it used papers from LOCKHEED MARTIN to win a contract worth
billions of dollars. The Justice Department last month charged
two former Boeing managers with conspiring to steal secrets
from Lockheed. Boeing has denied a broader role in the matter.
If investigators conclude that Boeing itself was involved in
stealing secrets, it could be banned from space-related
contracts for a limited time, defense officials have told
Reuters. High-level talks between Boeing and the Air Force,
which personally involve Air Force Secretary James Roche, are
ongoing, The Wall Street Journal said. Additionally, Boeing
said former Senator Warren B. Rudman will head an independent
review of the company's handling of competitive information to
see whether it acted improperly in winning a government
contract.
(Reuters 04:36 AM ET 07/17/2003)

Mo
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On Fri, 27 Jun 2003 04:40:33 GMT, Larry Dighera
wrote in Message-Id: :


Federal prosecutors have charged two former BOEING CO. officials
with conspiracy in connection with allegations that Boeing used
documents from rival LOCKHEED MARTIN CORP. to win a $1.88
billion rocket contract, The Wall Street Journal reported. The
engineers, who were fired by Boeing in 1999 in connection with
the incident, were charged with conspiracy, stealing trade
secrets and other violations, the newspaper reported. The
complaints, filed in the Los Angeles U.S. district court,
suggest a federal probe of the issue has sped up significantly
and could point to more senior Boeing officials, unnamed
sources cited by The Journal said.
(Reuters 02:05 AM ET 06/26/2003)

Mo
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On Thu, 26 Jun 2003 01:13:51 GMT, Larry Dighera
wrote in Message-Id: :



BOEING CO.'s chief executive said the company was conducting an
internal probe to determine whether a scandal that prompted it
to run full-page newspaper ads this month went deeper. "Two
(Boeing) people were directly implicated, there's a question
right now: Did that go any further?," Phil Condit told
reporters at a lunch meeting, adding an internal probe was
under way. The U.S. Justice Department is investigating whether
Boeing Co employees used documents from rival Lockheed Martin
Corp. in a bid to win a $1.88 billion rocket launcher contract.
Boeing in May said it fired two employees and disciplined a
third in 1999 in connection with the incident and this month
took out full-page newspaper advertisements in top U.S.
newspapers to explain its position.
(Reuters 11:33 AM ET 06/25/2003)

Mo
http://q1.schwab.com/s/r?l=248&a=833...a&s=rb0306 25

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On Wed, 18 Jun 2003 20:19:02 GMT, Larry Dighera
wrote in Message-Id: :


A U.S. Air Force award of four rocket launches this year is
likely to be delayed as a result of the government's
investigation into BOEING's alleged misuse of a competitor's
proprietary documents during bidding, a top company executive
said. In an interview at the Paris Air Show, Jim Albaugh, chief
executive of Boeing's Integrated Defense Systems business, said
he was unsure just how long the contract award would be
delayed. The Evolved Expendable Launch Vehicle programme
launches spy and communications satellites for the U.S.
military. The government has been looking into how Boeing
handled the alleged misuse of propietary Lockheed Martin Corp.
documents by two former Boeing employees. Lockheed has also
sued Boeing in an unusually public display of animosity.
(Reuters 09:42 AM ET 06/17/2003)

Mo
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