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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 http://q1.schwab.com/s/r?l=248&a=842...a&s=rb0307 17 ---------------------------------------------------------------- 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 http://q1.schwab.com/s/r?l=248&a=833...a&s=rb0306 26 ================================================= =============== 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 ================================================ ================ 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 http://q1.schwab.com/s/r?l=248&a=829...a&s=rb0306 17 |
#2
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BOEING CO. on Monday warned that excessive sanctions for its alleged misuse of a competitor's documents could force it to completely scrap its Delta IV rocket, jeopardizing the government's goal of having at least two companies launching military satellites. Boeing last week pulled the Delta IV out of the money-losing commercial satellite market, leaving only the government market to keep the program in the black. On Monday, the company's space and defense boss, Jim Albaugh, told a small group of reporters Boeing could pull out of the Delta IV program entirely if it fails to turn a profit. "I don't know what remedies they are going to take," Albaugh told a small group of reporters. "There is a real probability that we could lose some launches." (Reuters 06:34 PM ET 07/21/2003) Mo http://q1.schwab.com/s/r?l=248&a=843...a&s=rb0307 21 ---------------------------------------------------------------- On Mon, 21 Jul 2003 21:37:09 GMT, Larry Dighera wrote in Message-Id: : Two former BOEING CO. engineers have been indicted by a grand jury on charges of conspiracy in connection with allegations that Boeing used documents from rival LOCKHEED MARTIN CORP. to win a $1.88 billion U.S. Air Force contract. The U.S. Attorney's office said the two men, named as Kenneth Branch and William Erskine, were indicted by a federal grand jury in Los Angeles late on Thursday. Both men are charged with one count of conspiracy to conceal and possess trade secrets and are expected to be arraigned early next month. The charges arise from an alleged conspiracy to steal secrets from Lockheed Martin in 1997 and 1998 during the bidding for the multi-billion dollar Evolved Expendable Launch Vehicle program. Boeing has said the managers in question acted alone and have since been fired. (Reuters 02:05 PM ET 07/18/2003) Mo http://q1.schwab.com/s/r?l=248&a=843...a&s=rb0307 18 ---------------------------------------------------------------- On Fri, 18 Jul 2003 20:54:25 GMT, Larry Dighera wrote in Message-Id: : 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 http://q1.schwab.com/s/r?l=248&a=842...a&s=rb0307 17 ---------------------------------------------------------------- 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 http://q1.schwab.com/s/r?l=248&a=833...a&s=rb0306 26 =============================================== ================= 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 ============================================== ================== 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 http://q1.schwab.com/s/r?l=248&a=829...a&s=rb0306 17 --space Irrational beliefs ultimately lead to irrational acts. -- Larry Dighera, -- Irrational beliefs ultimately lead to irrational acts. -- Larry Dighera, |
#3
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The U.S. Air Force announced that it would shift rocket launch contracts valued at about $1 billion from BOEING CO. to its rival LOCKHEED MARTIN CORP. for acquiring around 25,000 Lockheed documents during a 1998 contract. Air Force Undersecretary Peter Teets said Boeing would lose seven contracts it won in 1998, as well as three launches to be awarded in the next weeks. In addition, three business units of Boeing Integrated Defense Systems and three of its former employees would also be suspended from future government work until corrective action was taken, Teets told a news conference. He said the company could be reinstated within 60 to 90 days, in time for the company to bid for 15 to 20 launches to be awarded late this year. (Reuters 04:55 PM ET 07/24/2003) Mo http://q1.schwab.com/s/r?l=248&a=846...a&s=rb0307 24 ================================================== ============== On Fri, 25 Jul 2003 10:53:58 GMT, Larry Dighera wrote in Message-Id: : The U.S. Air Force will recommend that BOEING CO. lose six Pentagon contracts worth several hundred million dollars for acquiring a competitor's documents as the two battled for a $2 billion rocket deal in the 1990s, defense officials said. Boeing would stand to lose more future contracts under the proposed sanctions Air Force Undersecretary Peter Teets will present later to Defense Secretary Donald Rumsfeld, who is expected to make a final decision this week, said the officials, who asked not to be named. Rumsfeld could also decide to suspend or bar Chicago-based Boeing's rocket unit from new contracts for up to a year. A federal grand jury has indicted two former Boeing engineers on charges of conspiracy for obtaining thousands of pages of proprietary documents from rival LOCKHEED MARTIN CORP. papers during a 1998 competition in which Boeing's Delta IV rocket beat out Lockheed's Atlas V. (Reuters 01:39 PM ET 07/23/2003) Mo http://q1.schwab.com/s/r?l=248&a=845...a&s=rb0307 23 ================================================= =============== On Fri, 25 Jul 2003 10:45:29 GMT, Larry Dighera wrote in Message-Id: : BOEING CO. on Monday warned that excessive sanctions for its alleged misuse of a competitor's documents could force it to completely scrap its Delta IV rocket, jeopardizing the government's goal of having at least two companies launching military satellites. Boeing last week pulled the Delta IV out of the money-losing commercial satellite market, leaving only the government market to keep the program in the black. On Monday, the company's space and defense boss, Jim Albaugh, told a small group of reporters Boeing could pull out of the Delta IV program entirely if it fails to turn a profit. "I don't know what remedies they are going to take," Albaugh told a small group of reporters. "There is a real probability that we could lose some launches." (Reuters 06:34 PM ET 07/21/2003) Mo http://q1.schwab.com/s/r?l=248&a=843...a&s=rb0307 21 ---------------------------------------------------------------- On Mon, 21 Jul 2003 21:37:09 GMT, Larry Dighera wrote in Message-Id: : Two former BOEING CO. engineers have been indicted by a grand jury on charges of conspiracy in connection with allegations that Boeing used documents from rival LOCKHEED MARTIN CORP. to win a $1.88 billion U.S. Air Force contract. The U.S. Attorney's office said the two men, named as Kenneth Branch and William Erskine, were indicted by a federal grand jury in Los Angeles late on Thursday. Both men are charged with one count of conspiracy to conceal and possess trade secrets and are expected to be arraigned early next month. The charges arise from an alleged conspiracy to steal secrets from Lockheed Martin in 1997 and 1998 during the bidding for the multi-billion dollar Evolved Expendable Launch Vehicle program. Boeing has said the managers in question acted alone and have since been fired. (Reuters 02:05 PM ET 07/18/2003) Mo http://q1.schwab.com/s/r?l=248&a=843...a&s=rb0307 18 ---------------------------------------------------------------- On Fri, 18 Jul 2003 20:54:25 GMT, Larry Dighera wrote in Message-Id: : 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 http://q1.schwab.com/s/r?l=248&a=842...a&s=rb0307 17 ---------------------------------------------------------------- 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 http://q1.schwab.com/s/r?l=248&a=833...a&s=rb0306 26 ============================================= =================== 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 ============================================ ==================== 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 http://q1.schwab.com/s/r?l=248&a=829...a&s=rb0306 17 --space Irrational beliefs ultimately lead to irrational acts. -- Larry Dighera, -- Irrational beliefs ultimately lead to irrational acts. -- Larry Dighera, |
#4
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BOEING CO. said it has postponed the launch of a Delta IV rocket lifting a defense satellite into space from Cape Canaveral, Fla., due to a technical problem with an antenna and no new launch date has been set. Tuesday was the last day under which Boeing could launch the satellite -- a Defense Satellite Communications System spacecraft, DSCS III B6 -- under the Air Force's Evolved Expendable Launch Vehicle program, said Boeing spokesman Robert Villanueva. The award was part of the original group of launches awarded to Boeing under the EELV program, which is now the subject of investigations and lawsuits. Boeing recently announced its intentions to shift its focus on the Delta IV completely away from dwindling commercial customers and into the defense market. (Reuters 04:31 PM ET 08/04/2003) Mo http://q1.schwab.com/s/r?l=248&a=850...a&s=rb0308 04 ---------------------------------------------------------------- On Fri, 25 Jul 2003 10:57:40 GMT, Larry Dighera wrote in Message-Id: : The U.S. Air Force announced that it would shift rocket launch contracts valued at about $1 billion from BOEING CO. to its rival LOCKHEED MARTIN CORP. for acquiring around 25,000 Lockheed documents during a 1998 contract. Air Force Undersecretary Peter Teets said Boeing would lose seven contracts it won in 1998, as well as three launches to be awarded in the next weeks. In addition, three business units of Boeing Integrated Defense Systems and three of its former employees would also be suspended from future government work until corrective action was taken, Teets told a news conference. He said the company could be reinstated within 60 to 90 days, in time for the company to bid for 15 to 20 launches to be awarded late this year. (Reuters 04:55 PM ET 07/24/2003) Mo http://q1.schwab.com/s/r?l=248&a=846...a&s=rb0307 24 ================================================= =============== On Fri, 25 Jul 2003 10:53:58 GMT, Larry Dighera wrote in Message-Id: : The U.S. Air Force will recommend that BOEING CO. lose six Pentagon contracts worth several hundred million dollars for acquiring a competitor's documents as the two battled for a $2 billion rocket deal in the 1990s, defense officials said. Boeing would stand to lose more future contracts under the proposed sanctions Air Force Undersecretary Peter Teets will present later to Defense Secretary Donald Rumsfeld, who is expected to make a final decision this week, said the officials, who asked not to be named. Rumsfeld could also decide to suspend or bar Chicago-based Boeing's rocket unit from new contracts for up to a year. A federal grand jury has indicted two former Boeing engineers on charges of conspiracy for obtaining thousands of pages of proprietary documents from rival LOCKHEED MARTIN CORP. papers during a 1998 competition in which Boeing's Delta IV rocket beat out Lockheed's Atlas V. (Reuters 01:39 PM ET 07/23/2003) Mo http://q1.schwab.com/s/r?l=248&a=845...a&s=rb0307 23 ================================================ ================ On Fri, 25 Jul 2003 10:45:29 GMT, Larry Dighera wrote in Message-Id: : BOEING CO. on Monday warned that excessive sanctions for its alleged misuse of a competitor's documents could force it to completely scrap its Delta IV rocket, jeopardizing the government's goal of having at least two companies launching military satellites. Boeing last week pulled the Delta IV out of the money-losing commercial satellite market, leaving only the government market to keep the program in the black. On Monday, the company's space and defense boss, Jim Albaugh, told a small group of reporters Boeing could pull out of the Delta IV program entirely if it fails to turn a profit. "I don't know what remedies they are going to take," Albaugh told a small group of reporters. "There is a real probability that we could lose some launches." (Reuters 06:34 PM ET 07/21/2003) Mo http://q1.schwab.com/s/r?l=248&a=843...a&s=rb0307 21 ---------------------------------------------------------------- On Mon, 21 Jul 2003 21:37:09 GMT, Larry Dighera wrote in Message-Id: : Two former BOEING CO. engineers have been indicted by a grand jury on charges of conspiracy in connection with allegations that Boeing used documents from rival LOCKHEED MARTIN CORP. to win a $1.88 billion U.S. Air Force contract. The U.S. Attorney's office said the two men, named as Kenneth Branch and William Erskine, were indicted by a federal grand jury in Los Angeles late on Thursday. Both men are charged with one count of conspiracy to conceal and possess trade secrets and are expected to be arraigned early next month. The charges arise from an alleged conspiracy to steal secrets from Lockheed Martin in 1997 and 1998 during the bidding for the multi-billion dollar Evolved Expendable Launch Vehicle program. Boeing has said the managers in question acted alone and have since been fired. (Reuters 02:05 PM ET 07/18/2003) Mo http://q1.schwab.com/s/r?l=248&a=843...a&s=rb0307 18 ---------------------------------------------------------------- On Fri, 18 Jul 2003 20:54:25 GMT, Larry Dighera wrote in Message-Id: : 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 http://q1.schwab.com/s/r?l=248&a=842...a&s=rb0307 17 ---------------------------------------------------------------- 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 http://q1.schwab.com/s/r?l=248&a=833...a&s=rb0306 26 ============================================ ==================== 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 =========================================== ===================== 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 http://q1.schwab.com/s/r?l=248&a=829...a&s=rb0306 17 --space Irrational beliefs ultimately lead to irrational acts. -- Larry Dighera, -- Irrational beliefs ultimately lead to irrational acts. -- Larry Dighera, |
#5
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Boeing Co (BA) (35.68 +0.74) BOEING CO., banned last month from launching government satellites for illegally acquiring a competitor's documents, will try to convince the U.S. Air Force next week that the company's ethics policies and training will prevent future breaches. The company said on Thursday it will seek to persuade the U.S. Air Force to reinstate three business units as government contractors in a formal response next Monday. "We're going to demonstrate to the Air Force that Boeing is a presently responsible contractor, and that we've got appropriate ethics policies, procedures and training in place to prevent something like this from happening again," said Boeing spokesman Dan Beck. (Reuters 06:52 PM ET 08/21/2003) Mo http://q1.schwab.com/s/r?l=248&a=857...a&s=rb0308 21 ================================================== ============== On Thu, 07 Aug 2003 23:30:48 GMT, Larry Dighera wrote in Message-Id: : BOEING CO. said it has postponed the launch of a Delta IV rocket lifting a defense satellite into space from Cape Canaveral, Fla., due to a technical problem with an antenna and no new launch date has been set. Tuesday was the last day under which Boeing could launch the satellite -- a Defense Satellite Communications System spacecraft, DSCS III B6 -- under the Air Force's Evolved Expendable Launch Vehicle program, said Boeing spokesman Robert Villanueva. The award was part of the original group of launches awarded to Boeing under the EELV program, which is now the subject of investigations and lawsuits. Boeing recently announced its intentions to shift its focus on the Delta IV completely away from dwindling commercial customers and into the defense market. (Reuters 04:31 PM ET 08/04/2003) Mo http://q1.schwab.com/s/r?l=248&a=850...a&s=rb0308 04 ---------------------------------------------------------------- On Fri, 25 Jul 2003 10:57:40 GMT, Larry Dighera wrote in Message-Id: : The U.S. Air Force announced that it would shift rocket launch contracts valued at about $1 billion from BOEING CO. to its rival LOCKHEED MARTIN CORP. for acquiring around 25,000 Lockheed documents during a 1998 contract. Air Force Undersecretary Peter Teets said Boeing would lose seven contracts it won in 1998, as well as three launches to be awarded in the next weeks. In addition, three business units of Boeing Integrated Defense Systems and three of its former employees would also be suspended from future government work until corrective action was taken, Teets told a news conference. He said the company could be reinstated within 60 to 90 days, in time for the company to bid for 15 to 20 launches to be awarded late this year. (Reuters 04:55 PM ET 07/24/2003) Mo http://q1.schwab.com/s/r?l=248&a=846...a&s=rb0307 24 ================================================ ================ On Fri, 25 Jul 2003 10:53:58 GMT, Larry Dighera wrote in Message-Id: : The U.S. Air Force will recommend that BOEING CO. lose six Pentagon contracts worth several hundred million dollars for acquiring a competitor's documents as the two battled for a $2 billion rocket deal in the 1990s, defense officials said. Boeing would stand to lose more future contracts under the proposed sanctions Air Force Undersecretary Peter Teets will present later to Defense Secretary Donald Rumsfeld, who is expected to make a final decision this week, said the officials, who asked not to be named. Rumsfeld could also decide to suspend or bar Chicago-based Boeing's rocket unit from new contracts for up to a year. A federal grand jury has indicted two former Boeing engineers on charges of conspiracy for obtaining thousands of pages of proprietary documents from rival LOCKHEED MARTIN CORP. papers during a 1998 competition in which Boeing's Delta IV rocket beat out Lockheed's Atlas V. (Reuters 01:39 PM ET 07/23/2003) Mo http://q1.schwab.com/s/r?l=248&a=845...a&s=rb0307 23 =============================================== ================= On Fri, 25 Jul 2003 10:45:29 GMT, Larry Dighera wrote in Message-Id: : BOEING CO. on Monday warned that excessive sanctions for its alleged misuse of a competitor's documents could force it to completely scrap its Delta IV rocket, jeopardizing the government's goal of having at least two companies launching military satellites. Boeing last week pulled the Delta IV out of the money-losing commercial satellite market, leaving only the government market to keep the program in the black. On Monday, the company's space and defense boss, Jim Albaugh, told a small group of reporters Boeing could pull out of the Delta IV program entirely if it fails to turn a profit. "I don't know what remedies they are going to take," Albaugh told a small group of reporters. "There is a real probability that we could lose some launches." (Reuters 06:34 PM ET 07/21/2003) Mo http://q1.schwab.com/s/r?l=248&a=843...a&s=rb0307 21 ---------------------------------------------------------------- On Mon, 21 Jul 2003 21:37:09 GMT, Larry Dighera wrote in Message-Id: : Two former BOEING CO. engineers have been indicted by a grand jury on charges of conspiracy in connection with allegations that Boeing used documents from rival LOCKHEED MARTIN CORP. to win a $1.88 billion U.S. Air Force contract. The U.S. Attorney's office said the two men, named as Kenneth Branch and William Erskine, were indicted by a federal grand jury in Los Angeles late on Thursday. Both men are charged with one count of conspiracy to conceal and possess trade secrets and are expected to be arraigned early next month. The charges arise from an alleged conspiracy to steal secrets from Lockheed Martin in 1997 and 1998 during the bidding for the multi-billion dollar Evolved Expendable Launch Vehicle program. Boeing has said the managers in question acted alone and have since been fired. (Reuters 02:05 PM ET 07/18/2003) Mo http://q1.schwab.com/s/r?l=248&a=843...a&s=rb0307 18 ---------------------------------------------------------------- On Fri, 18 Jul 2003 20:54:25 GMT, Larry Dighera wrote in Message-Id: : 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 http://q1.schwab.com/s/r?l=248&a=842...a&s=rb0307 17 ---------------------------------------------------------------- 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 http://q1.schwab.com/s/r?l=248&a=833...a&s=rb0306 26 =========================================== ===================== 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 ========================================== ====================== 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 http://q1.schwab.com/s/r?l=248&a=829...a&s=rb0306 17 --space Irrational beliefs ultimately lead to irrational acts. -- Larry Dighera, -- Irrational beliefs ultimately lead to irrational acts. -- Larry Dighera, |
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U.S. Air Force Undersecretary Peter Teets said that he hopes to decide by October whether to let BOEING CO. resume bidding for spy satellite launches after being suspended for obtaining documents of rival LOCKHEED MARTIN CORP. "It is a necessity that we have two providers ... that are involved in healthy businesses," he told reporters. "We need those companies to succeed in what they're doing." Teets said that in the next six weeks or so, the Pentagon planned to outline its blueprint for acquiring more satellite launch vehicles and would likely divide the work, rather than issue a winner-take-all contract. He said the actual request for proposals would likely go out at the end of the year or January 2004. (Reuters 12:03 PM ET 09/04/2003) Mo http://q1.schwab.com/s/r?l=248&a=861...a&s=rb0309 04 On Wed, 03 Sep 2003 03:46:46 GMT, Larry Dighera wrote in Message-Id: : BOEING CO., in an exception to a U.S. government sanction, has won a $56.7 million Air Force contract extending its Delta II rocket launch program, the Defense Department said Friday. The Air Force Delta II vehicle launches satellites for the Global Positioning System, a U.S. military-developed system that provides accurate locations worldwide. The next launch was scheduled for October, the Pentagon said. The new contract extends the existing Boeing Delta II launch arrangement for fiscal 2004, which begins Oct. 1, it added in a contract announcement. "This award required an exception to the existing suspension of three Boeing business units," the Pentagon said without specifying why an exception was made. (Reuters 05:52 PM ET 08/29/2003) Mo http://q1.schwab.com/s/r?l=248&a=859...a&s=rb0308 29 ---------------------------------------------------------------- A Delta 4 rocket built by BOEING CO. and carrying a U.S. Defense Department satellite successfully launched from the Cape Canaveral Air Force Station on Friday. This was the third launch for the Delta 4 series, one of two new-generation rockets -- along with Lockheed Martin's Atlas 5 -- designed under a U.S. Air Force contract to be stronger, more reliable and more cost-effective. The DSCS-3 satellite, pronounced "discus three" and standing for third generation Defense Satellite Communications System, was the 15th of its class launched since 1982. It was headed for a geo-stationary orbit 22,300 miles (35,890 km) above the equator. (Reuters 07:34 PM ET 08/29/2003) Mo http://q1.schwab.com/s/r?l=248&a=859...a&s=rb0308 29 ---------------------------------------------------------------- On Mon, 25 Aug 2003 22:01:18 GMT, Larry Dighera wrote in Message-Id: : Boeing Co (BA) (35.68 +0.74) BOEING CO., banned last month from launching government satellites for illegally acquiring a competitor's documents, will try to convince the U.S. Air Force next week that the company's ethics policies and training will prevent future breaches. The company said on Thursday it will seek to persuade the U.S. Air Force to reinstate three business units as government contractors in a formal response next Monday. "We're going to demonstrate to the Air Force that Boeing is a presently responsible contractor, and that we've got appropriate ethics policies, procedures and training in place to prevent something like this from happening again," said Boeing spokesman Dan Beck. (Reuters 06:52 PM ET 08/21/2003) Mo http://q1.schwab.com/s/r?l=248&a=857...a&s=rb0308 21 ================================================ ================ On Thu, 07 Aug 2003 23:30:48 GMT, Larry Dighera wrote in Message-Id: : BOEING CO. said it has postponed the launch of a Delta IV rocket lifting a defense satellite into space from Cape Canaveral, Fla., due to a technical problem with an antenna and no new launch date has been set. Tuesday was the last day under which Boeing could launch the satellite -- a Defense Satellite Communications System spacecraft, DSCS III B6 -- under the Air Force's Evolved Expendable Launch Vehicle program, said Boeing spokesman Robert Villanueva. The award was part of the original group of launches awarded to Boeing under the EELV program, which is now the subject of investigations and lawsuits. Boeing recently announced its intentions to shift its focus on the Delta IV completely away from dwindling commercial customers and into the defense market. (Reuters 04:31 PM ET 08/04/2003) Mo http://q1.schwab.com/s/r?l=248&a=850...a&s=rb0308 04 ---------------------------------------------------------------- On Fri, 25 Jul 2003 10:57:40 GMT, Larry Dighera wrote in Message-Id: : The U.S. Air Force announced that it would shift rocket launch contracts valued at about $1 billion from BOEING CO. to its rival LOCKHEED MARTIN CORP. for acquiring around 25,000 Lockheed documents during a 1998 contract. Air Force Undersecretary Peter Teets said Boeing would lose seven contracts it won in 1998, as well as three launches to be awarded in the next weeks. In addition, three business units of Boeing Integrated Defense Systems and three of its former employees would also be suspended from future government work until corrective action was taken, Teets told a news conference. He said the company could be reinstated within 60 to 90 days, in time for the company to bid for 15 to 20 launches to be awarded late this year. (Reuters 04:55 PM ET 07/24/2003) Mo http://q1.schwab.com/s/r?l=248&a=846...a&s=rb0307 24 ============================================== ================== On Fri, 25 Jul 2003 10:53:58 GMT, Larry Dighera wrote in Message-Id: : The U.S. Air Force will recommend that BOEING CO. lose six Pentagon contracts worth several hundred million dollars for acquiring a competitor's documents as the two battled for a $2 billion rocket deal in the 1990s, defense officials said. Boeing would stand to lose more future contracts under the proposed sanctions Air Force Undersecretary Peter Teets will present later to Defense Secretary Donald Rumsfeld, who is expected to make a final decision this week, said the officials, who asked not to be named. Rumsfeld could also decide to suspend or bar Chicago-based Boeing's rocket unit from new contracts for up to a year. A federal grand jury has indicted two former Boeing engineers on charges of conspiracy for obtaining thousands of pages of proprietary documents from rival LOCKHEED MARTIN CORP. papers during a 1998 competition in which Boeing's Delta IV rocket beat out Lockheed's Atlas V. (Reuters 01:39 PM ET 07/23/2003) Mo http://q1.schwab.com/s/r?l=248&a=845...a&s=rb0307 23 ============================================= =================== On Fri, 25 Jul 2003 10:45:29 GMT, Larry Dighera wrote in Message-Id: : BOEING CO. on Monday warned that excessive sanctions for its alleged misuse of a competitor's documents could force it to completely scrap its Delta IV rocket, jeopardizing the government's goal of having at least two companies launching military satellites. Boeing last week pulled the Delta IV out of the money-losing commercial satellite market, leaving only the government market to keep the program in the black. On Monday, the company's space and defense boss, Jim Albaugh, told a small group of reporters Boeing could pull out of the Delta IV program entirely if it fails to turn a profit. "I don't know what remedies they are going to take," Albaugh told a small group of reporters. "There is a real probability that we could lose some launches." (Reuters 06:34 PM ET 07/21/2003) Mo http://q1.schwab.com/s/r?l=248&a=843...a&s=rb0307 21 ---------------------------------------------------------------- On Mon, 21 Jul 2003 21:37:09 GMT, Larry Dighera wrote in Message-Id: : Two former BOEING CO. engineers have been indicted by a grand jury on charges of conspiracy in connection with allegations that Boeing used documents from rival LOCKHEED MARTIN CORP. to win a $1.88 billion U.S. Air Force contract. The U.S. Attorney's office said the two men, named as Kenneth Branch and William Erskine, were indicted by a federal grand jury in Los Angeles late on Thursday. Both men are charged with one count of conspiracy to conceal and possess trade secrets and are expected to be arraigned early next month. The charges arise from an alleged conspiracy to steal secrets from Lockheed Martin in 1997 and 1998 during the bidding for the multi-billion dollar Evolved Expendable Launch Vehicle program. Boeing has said the managers in question acted alone and have since been fired. (Reuters 02:05 PM ET 07/18/2003) Mo http://q1.schwab.com/s/r?l=248&a=843...a&s=rb0307 18 ---------------------------------------------------------------- On Fri, 18 Jul 2003 20:54:25 GMT, Larry Dighera wrote in Message-Id: : 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 http://q1.schwab.com/s/r?l=248&a=842...a&s=rb0307 17 ---------------------------------------------------------------- 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 http://q1.schwab.com/s/r?l=248&a=833...a&s=rb0306 26 ========================================= ======================= 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 ======================================== ======================== 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 http://q1.schwab.com/s/r?l=248&a=829...a&s=rb0306 17 --space Irrational beliefs ultimately lead to irrational acts. -- Larry Dighera, -- Irrational beliefs ultimately lead to irrational acts. -- Larry Dighera, |
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The Air Force said it plans to award LOCKHEED MARTIN CORP. three new satellite-launching contracts around Oct. 1 -- deals off-limits to rival BOEING CO. The Air Force on July 22 shifted seven launch contracts from Boeing to Lockheed and suspended it from vying for the coming three, worth a combined total of about $1 billion. The service banned Boeing's rocket units from bidding after finding that it broke federal law by obtaining secret Lockheed documents to win a $1.5 billion launch contract in 1998. The Air Force's No. 2 official, Undersecretary Peter Teets, on Sept. 4 said Boeing's rocket units' suspension "absolutely" must be lifted in time for it to compete for the next round of as many as 20 launches. (Reuters 03:41 PM ET 09/12/2003) Mo http://q1.schwab.com/s/r?l=248&a=863...a&s=rb0309 12 ---------------------------------------------------------------- BOEING CO. is disciplining six employees after the aerospace and defense company determined they were involved in acquiring proprietary LOCKHEED MARTIN documents, The Wall Street Journal said on Friday, citing people familiar with the matter. The Air Force in July suspended Boeing from competing for several launch contracts over Boeing's possession of 25,000 pages of Lockheed documents during a 1998 contract competition. The head of Boeing's Delta IV military rocket program was removed from the project, though none of the six employees were fired, said the Journal. A Boeing spokesman confirmed the company's investigation has resulted in "certain internal administrative-personnel actions," and declined to give further comment. (Reuters 05:44 AM ET 09/12/2003) Mo http://q1.schwab.com/s/r?l=248&a=863...a&s=rb0309 12 ---------------------------------------------------------------- BOEING CO. said penalties imposed by the U.S. Air Force for improperly obtaining documents from rival Lockheed Martin Corp. would not result in financial charges. The Air Force in July shifted seven launch contracts from Boeing to Lockheed and suspended it from competing for three others, worth a combined $1 billion or so, over Boeing's possession of 25,000 pages of Lockheed documents during a 1998 contract competition. "We think we are fully reserved for that," said Jim Albaugh, head of Boeing's military and space unit, in a presentation to investors monitored via Web cast. "We don't see any financial impact as a result of losing the launches." (Reuters 01:15 PM ET 09/11/2003) Mo http://q1.schwab.com/s/r?l=248&a=863...a&s=rb0309 11 ================================================== ============== On Fri, 05 Sep 2003 17:21:36 GMT, Larry Dighera wrote in Message-Id: : U.S. Air Force Undersecretary Peter Teets said that he hopes to decide by October whether to let BOEING CO. resume bidding for spy satellite launches after being suspended for obtaining documents of rival LOCKHEED MARTIN CORP. "It is a necessity that we have two providers ... that are involved in healthy businesses," he told reporters. "We need those companies to succeed in what they're doing." Teets said that in the next six weeks or so, the Pentagon planned to outline its blueprint for acquiring more satellite launch vehicles and would likely divide the work, rather than issue a winner-take-all contract. He said the actual request for proposals would likely go out at the end of the year or January 2004. (Reuters 12:03 PM ET 09/04/2003) Mo http://q1.schwab.com/s/r?l=248&a=861...a&s=rb0309 04 On Wed, 03 Sep 2003 03:46:46 GMT, Larry Dighera wrote in Message-Id: : BOEING CO., in an exception to a U.S. government sanction, has won a $56.7 million Air Force contract extending its Delta II rocket launch program, the Defense Department said Friday. The Air Force Delta II vehicle launches satellites for the Global Positioning System, a U.S. military-developed system that provides accurate locations worldwide. The next launch was scheduled for October, the Pentagon said. The new contract extends the existing Boeing Delta II launch arrangement for fiscal 2004, which begins Oct. 1, it added in a contract announcement. "This award required an exception to the existing suspension of three Boeing business units," the Pentagon said without specifying why an exception was made. (Reuters 05:52 PM ET 08/29/2003) Mo http://q1.schwab.com/s/r?l=248&a=859...a&s=rb0308 29 ---------------------------------------------------------------- A Delta 4 rocket built by BOEING CO. and carrying a U.S. Defense Department satellite successfully launched from the Cape Canaveral Air Force Station on Friday. This was the third launch for the Delta 4 series, one of two new-generation rockets -- along with Lockheed Martin's Atlas 5 -- designed under a U.S. Air Force contract to be stronger, more reliable and more cost-effective. The DSCS-3 satellite, pronounced "discus three" and standing for third generation Defense Satellite Communications System, was the 15th of its class launched since 1982. It was headed for a geo-stationary orbit 22,300 miles (35,890 km) above the equator. (Reuters 07:34 PM ET 08/29/2003) Mo http://q1.schwab.com/s/r?l=248&a=859...a&s=rb0308 29 ---------------------------------------------------------------- On Mon, 25 Aug 2003 22:01:18 GMT, Larry Dighera wrote in Message-Id: : Boeing Co (BA) (35.68 +0.74) BOEING CO., banned last month from launching government satellites for illegally acquiring a competitor's documents, will try to convince the U.S. Air Force next week that the company's ethics policies and training will prevent future breaches. The company said on Thursday it will seek to persuade the U.S. Air Force to reinstate three business units as government contractors in a formal response next Monday. "We're going to demonstrate to the Air Force that Boeing is a presently responsible contractor, and that we've got appropriate ethics policies, procedures and training in place to prevent something like this from happening again," said Boeing spokesman Dan Beck. (Reuters 06:52 PM ET 08/21/2003) Mo http://q1.schwab.com/s/r?l=248&a=857...a&s=rb0308 21 =============================================== ================= On Thu, 07 Aug 2003 23:30:48 GMT, Larry Dighera wrote in Message-Id: : BOEING CO. said it has postponed the launch of a Delta IV rocket lifting a defense satellite into space from Cape Canaveral, Fla., due to a technical problem with an antenna and no new launch date has been set. Tuesday was the last day under which Boeing could launch the satellite -- a Defense Satellite Communications System spacecraft, DSCS III B6 -- under the Air Force's Evolved Expendable Launch Vehicle program, said Boeing spokesman Robert Villanueva. The award was part of the original group of launches awarded to Boeing under the EELV program, which is now the subject of investigations and lawsuits. Boeing recently announced its intentions to shift its focus on the Delta IV completely away from dwindling commercial customers and into the defense market. (Reuters 04:31 PM ET 08/04/2003) Mo http://q1.schwab.com/s/r?l=248&a=850...a&s=rb0308 04 ---------------------------------------------------------------- On Fri, 25 Jul 2003 10:57:40 GMT, Larry Dighera wrote in Message-Id: : The U.S. Air Force announced that it would shift rocket launch contracts valued at about $1 billion from BOEING CO. to its rival LOCKHEED MARTIN CORP. for acquiring around 25,000 Lockheed documents during a 1998 contract. Air Force Undersecretary Peter Teets said Boeing would lose seven contracts it won in 1998, as well as three launches to be awarded in the next weeks. In addition, three business units of Boeing Integrated Defense Systems and three of its former employees would also be suspended from future government work until corrective action was taken, Teets told a news conference. He said the company could be reinstated within 60 to 90 days, in time for the company to bid for 15 to 20 launches to be awarded late this year. (Reuters 04:55 PM ET 07/24/2003) Mo http://q1.schwab.com/s/r?l=248&a=846...a&s=rb0307 24 ============================================= =================== On Fri, 25 Jul 2003 10:53:58 GMT, Larry Dighera wrote in Message-Id: : The U.S. Air Force will recommend that BOEING CO. lose six Pentagon contracts worth several hundred million dollars for acquiring a competitor's documents as the two battled for a $2 billion rocket deal in the 1990s, defense officials said. Boeing would stand to lose more future contracts under the proposed sanctions Air Force Undersecretary Peter Teets will present later to Defense Secretary Donald Rumsfeld, who is expected to make a final decision this week, said the officials, who asked not to be named. Rumsfeld could also decide to suspend or bar Chicago-based Boeing's rocket unit from new contracts for up to a year. A federal grand jury has indicted two former Boeing engineers on charges of conspiracy for obtaining thousands of pages of proprietary documents from rival LOCKHEED MARTIN CORP. papers during a 1998 competition in which Boeing's Delta IV rocket beat out Lockheed's Atlas V. (Reuters 01:39 PM ET 07/23/2003) Mo http://q1.schwab.com/s/r?l=248&a=845...a&s=rb0307 23 ============================================ ==================== On Fri, 25 Jul 2003 10:45:29 GMT, Larry Dighera wrote in Message-Id: : BOEING CO. on Monday warned that excessive sanctions for its alleged misuse of a competitor's documents could force it to completely scrap its Delta IV rocket, jeopardizing the government's goal of having at least two companies launching military satellites. Boeing last week pulled the Delta IV out of the money-losing commercial satellite market, leaving only the government market to keep the program in the black. On Monday, the company's space and defense boss, Jim Albaugh, told a small group of reporters Boeing could pull out of the Delta IV program entirely if it fails to turn a profit. "I don't know what remedies they are going to take," Albaugh told a small group of reporters. "There is a real probability that we could lose some launches." (Reuters 06:34 PM ET 07/21/2003) Mo http://q1.schwab.com/s/r?l=248&a=843...a&s=rb0307 21 ---------------------------------------------------------------- On Mon, 21 Jul 2003 21:37:09 GMT, Larry Dighera wrote in Message-Id: : Two former BOEING CO. engineers have been indicted by a grand jury on charges of conspiracy in connection with allegations that Boeing used documents from rival LOCKHEED MARTIN CORP. to win a $1.88 billion U.S. Air Force contract. The U.S. Attorney's office said the two men, named as Kenneth Branch and William Erskine, were indicted by a federal grand jury in Los Angeles late on Thursday. Both men are charged with one count of conspiracy to conceal and possess trade secrets and are expected to be arraigned early next month. The charges arise from an alleged conspiracy to steal secrets from Lockheed Martin in 1997 and 1998 during the bidding for the multi-billion dollar Evolved Expendable Launch Vehicle program. Boeing has said the managers in question acted alone and have since been fired. (Reuters 02:05 PM ET 07/18/2003) Mo http://q1.schwab.com/s/r?l=248&a=843...a&s=rb0307 18 ---------------------------------------------------------------- On Fri, 18 Jul 2003 20:54:25 GMT, Larry Dighera wrote in Message-Id: : 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 http://q1.schwab.com/s/r?l=248&a=842...a&s=rb0307 17 ---------------------------------------------------------------- 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 http://q1.schwab.com/s/r?l=248&a=833...a&s=rb0306 26 ======================================== ======================== 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 ======================================= ========================= 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 http://q1.schwab.com/s/r?l=248&a=829...a&s=rb0306 17 --space Irrational beliefs ultimately lead to irrational acts. -- Larry Dighera, -- Irrational beliefs ultimately lead to irrational acts. -- Larry Dighera, |
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The U.S. Air Force on Tuesday said it granted BOEING CO. an exception to U.S. government sanctions to award it a contract for one Delta IV rocket to launch a spy satellite into space in 2005. But Air Force Undersecretary Peter Teets stressed that he had not removed the Chicago-based company from its suspension from rocket launches, and urged the company to continue taking measures to prevent further problems. The Air Force on July 24 suspended three Boeing units from obtaining government satellite launch contracts after finding it broke federal law by obtaining over 25,000 documents from rival Lockheed Martin Corp. during bidding for the initial EELV contract, valued at nearly $2 billion. The move had been widely expected, since Lockheed currently has no capacity to launch rockets from the West Coast and could not build such a facility in time to launch the classified satellite, which will replace another aging satellite. (Reuters 07:08 PM ET 09/30/2003) Mo http://q1.schwab.com/s/r?l=248&a=870...a&s=rb0309 30 ---------------------------------------------------------------- On Sat, 13 Sep 2003 15:19:09 GMT, Larry Dighera wrote in Message-Id: : The Air Force said it plans to award LOCKHEED MARTIN CORP. three new satellite-launching contracts around Oct. 1 -- deals off-limits to rival BOEING CO. The Air Force on July 22 shifted seven launch contracts from Boeing to Lockheed and suspended it from vying for the coming three, worth a combined total of about $1 billion. The service banned Boeing's rocket units from bidding after finding that it broke federal law by obtaining secret Lockheed documents to win a $1.5 billion launch contract in 1998. The Air Force's No. 2 official, Undersecretary Peter Teets, on Sept. 4 said Boeing's rocket units' suspension "absolutely" must be lifted in time for it to compete for the next round of as many as 20 launches. (Reuters 03:41 PM ET 09/12/2003) Mo http://q1.schwab.com/s/r?l=248&a=863...a&s=rb0309 12 ---------------------------------------------------------------- BOEING CO. is disciplining six employees after the aerospace and defense company determined they were involved in acquiring proprietary LOCKHEED MARTIN documents, The Wall Street Journal said on Friday, citing people familiar with the matter. The Air Force in July suspended Boeing from competing for several launch contracts over Boeing's possession of 25,000 pages of Lockheed documents during a 1998 contract competition. The head of Boeing's Delta IV military rocket program was removed from the project, though none of the six employees were fired, said the Journal. A Boeing spokesman confirmed the company's investigation has resulted in "certain internal administrative-personnel actions," and declined to give further comment. (Reuters 05:44 AM ET 09/12/2003) Mo http://q1.schwab.com/s/r?l=248&a=863...a&s=rb0309 12 ---------------------------------------------------------------- BOEING CO. said penalties imposed by the U.S. Air Force for improperly obtaining documents from rival Lockheed Martin Corp. would not result in financial charges. The Air Force in July shifted seven launch contracts from Boeing to Lockheed and suspended it from competing for three others, worth a combined $1 billion or so, over Boeing's possession of 25,000 pages of Lockheed documents during a 1998 contract competition. "We think we are fully reserved for that," said Jim Albaugh, head of Boeing's military and space unit, in a presentation to investors monitored via Web cast. "We don't see any financial impact as a result of losing the launches." (Reuters 01:15 PM ET 09/11/2003) Mo http://q1.schwab.com/s/r?l=248&a=863...a&s=rb0309 11 ================================================= =============== On Fri, 05 Sep 2003 17:21:36 GMT, Larry Dighera wrote in Message-Id: : U.S. Air Force Undersecretary Peter Teets said that he hopes to decide by October whether to let BOEING CO. resume bidding for spy satellite launches after being suspended for obtaining documents of rival LOCKHEED MARTIN CORP. "It is a necessity that we have two providers ... that are involved in healthy businesses," he told reporters. "We need those companies to succeed in what they're doing." Teets said that in the next six weeks or so, the Pentagon planned to outline its blueprint for acquiring more satellite launch vehicles and would likely divide the work, rather than issue a winner-take-all contract. He said the actual request for proposals would likely go out at the end of the year or January 2004. (Reuters 12:03 PM ET 09/04/2003) Mo http://q1.schwab.com/s/r?l=248&a=861...a&s=rb0309 04 On Wed, 03 Sep 2003 03:46:46 GMT, Larry Dighera wrote in Message-Id: : BOEING CO., in an exception to a U.S. government sanction, has won a $56.7 million Air Force contract extending its Delta II rocket launch program, the Defense Department said Friday. The Air Force Delta II vehicle launches satellites for the Global Positioning System, a U.S. military-developed system that provides accurate locations worldwide. The next launch was scheduled for October, the Pentagon said. The new contract extends the existing Boeing Delta II launch arrangement for fiscal 2004, which begins Oct. 1, it added in a contract announcement. "This award required an exception to the existing suspension of three Boeing business units," the Pentagon said without specifying why an exception was made. (Reuters 05:52 PM ET 08/29/2003) Mo http://q1.schwab.com/s/r?l=248&a=859...a&s=rb0308 29 ---------------------------------------------------------------- A Delta 4 rocket built by BOEING CO. and carrying a U.S. Defense Department satellite successfully launched from the Cape Canaveral Air Force Station on Friday. This was the third launch for the Delta 4 series, one of two new-generation rockets -- along with Lockheed Martin's Atlas 5 -- designed under a U.S. Air Force contract to be stronger, more reliable and more cost-effective. The DSCS-3 satellite, pronounced "discus three" and standing for third generation Defense Satellite Communications System, was the 15th of its class launched since 1982. It was headed for a geo-stationary orbit 22,300 miles (35,890 km) above the equator. (Reuters 07:34 PM ET 08/29/2003) Mo http://q1.schwab.com/s/r?l=248&a=859...a&s=rb0308 29 ---------------------------------------------------------------- On Mon, 25 Aug 2003 22:01:18 GMT, Larry Dighera wrote in Message-Id: : Boeing Co (BA) (35.68 +0.74) BOEING CO., banned last month from launching government satellites for illegally acquiring a competitor's documents, will try to convince the U.S. Air Force next week that the company's ethics policies and training will prevent future breaches. The company said on Thursday it will seek to persuade the U.S. Air Force to reinstate three business units as government contractors in a formal response next Monday. "We're going to demonstrate to the Air Force that Boeing is a presently responsible contractor, and that we've got appropriate ethics policies, procedures and training in place to prevent something like this from happening again," said Boeing spokesman Dan Beck. (Reuters 06:52 PM ET 08/21/2003) Mo http://q1.schwab.com/s/r?l=248&a=857...a&s=rb0308 21 ============================================== ================== On Thu, 07 Aug 2003 23:30:48 GMT, Larry Dighera wrote in Message-Id: : BOEING CO. said it has postponed the launch of a Delta IV rocket lifting a defense satellite into space from Cape Canaveral, Fla., due to a technical problem with an antenna and no new launch date has been set. Tuesday was the last day under which Boeing could launch the satellite -- a Defense Satellite Communications System spacecraft, DSCS III B6 -- under the Air Force's Evolved Expendable Launch Vehicle program, said Boeing spokesman Robert Villanueva. The award was part of the original group of launches awarded to Boeing under the EELV program, which is now the subject of investigations and lawsuits. Boeing recently announced its intentions to shift its focus on the Delta IV completely away from dwindling commercial customers and into the defense market. (Reuters 04:31 PM ET 08/04/2003) Mo http://q1.schwab.com/s/r?l=248&a=850...a&s=rb0308 04 ---------------------------------------------------------------- On Fri, 25 Jul 2003 10:57:40 GMT, Larry Dighera wrote in Message-Id: : The U.S. Air Force announced that it would shift rocket launch contracts valued at about $1 billion from BOEING CO. to its rival LOCKHEED MARTIN CORP. for acquiring around 25,000 Lockheed documents during a 1998 contract. Air Force Undersecretary Peter Teets said Boeing would lose seven contracts it won in 1998, as well as three launches to be awarded in the next weeks. In addition, three business units of Boeing Integrated Defense Systems and three of its former employees would also be suspended from future government work until corrective action was taken, Teets told a news conference. He said the company could be reinstated within 60 to 90 days, in time for the company to bid for 15 to 20 launches to be awarded late this year. (Reuters 04:55 PM ET 07/24/2003) Mo http://q1.schwab.com/s/r?l=248&a=846...a&s=rb0307 24 ============================================ ==================== On Fri, 25 Jul 2003 10:53:58 GMT, Larry Dighera wrote in Message-Id: : The U.S. Air Force will recommend that BOEING CO. lose six Pentagon contracts worth several hundred million dollars for acquiring a competitor's documents as the two battled for a $2 billion rocket deal in the 1990s, defense officials said. Boeing would stand to lose more future contracts under the proposed sanctions Air Force Undersecretary Peter Teets will present later to Defense Secretary Donald Rumsfeld, who is expected to make a final decision this week, said the officials, who asked not to be named. Rumsfeld could also decide to suspend or bar Chicago-based Boeing's rocket unit from new contracts for up to a year. A federal grand jury has indicted two former Boeing engineers on charges of conspiracy for obtaining thousands of pages of proprietary documents from rival LOCKHEED MARTIN CORP. papers during a 1998 competition in which Boeing's Delta IV rocket beat out Lockheed's Atlas V. (Reuters 01:39 PM ET 07/23/2003) Mo http://q1.schwab.com/s/r?l=248&a=845...a&s=rb0307 23 =========================================== ===================== On Fri, 25 Jul 2003 10:45:29 GMT, Larry Dighera wrote in Message-Id: : BOEING CO. on Monday warned that excessive sanctions for its alleged misuse of a competitor's documents could force it to completely scrap its Delta IV rocket, jeopardizing the government's goal of having at least two companies launching military satellites. Boeing last week pulled the Delta IV out of the money-losing commercial satellite market, leaving only the government market to keep the program in the black. On Monday, the company's space and defense boss, Jim Albaugh, told a small group of reporters Boeing could pull out of the Delta IV program entirely if it fails to turn a profit. "I don't know what remedies they are going to take," Albaugh told a small group of reporters. "There is a real probability that we could lose some launches." (Reuters 06:34 PM ET 07/21/2003) Mo http://q1.schwab.com/s/r?l=248&a=843...a&s=rb0307 21 ---------------------------------------------------------------- On Mon, 21 Jul 2003 21:37:09 GMT, Larry Dighera wrote in Message-Id: : Two former BOEING CO. engineers have been indicted by a grand jury on charges of conspiracy in connection with allegations that Boeing used documents from rival LOCKHEED MARTIN CORP. to win a $1.88 billion U.S. Air Force contract. The U.S. Attorney's office said the two men, named as Kenneth Branch and William Erskine, were indicted by a federal grand jury in Los Angeles late on Thursday. Both men are charged with one count of conspiracy to conceal and possess trade secrets and are expected to be arraigned early next month. The charges arise from an alleged conspiracy to steal secrets from Lockheed Martin in 1997 and 1998 during the bidding for the multi-billion dollar Evolved Expendable Launch Vehicle program. Boeing has said the managers in question acted alone and have since been fired. (Reuters 02:05 PM ET 07/18/2003) Mo http://q1.schwab.com/s/r?l=248&a=843...a&s=rb0307 18 ---------------------------------------------------------------- On Fri, 18 Jul 2003 20:54:25 GMT, Larry Dighera wrote in Message-Id: : 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 http://q1.schwab.com/s/r?l=248&a=842...a&s=rb0307 17 ---------------------------------------------------------------- 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 http://q1.schwab.com/s/r?l=248&a=833...a&s=rb0306 26 ======================================= ========================= 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 ====================================== ========================== 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 http://q1.schwab.com/s/r?l=248&a=829...a&s=rb0306 17 --space Irrational beliefs ultimately lead to irrational acts. -- Larry Dighera, -- Irrational beliefs ultimately lead to irrational acts. -- Larry Dighera, |
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BOEING CO. said it dismissed its CFO for unethical conduct in the
aerospace company's hiring of a senior Air Force procurement official. Boeing said CFO Michael Sears was dismissed for violating company policies by communicating with Darleen Druyun about future employment even though she had not disqualified herself from acting in official government capacity on matters involving Boeing. The company also fired Druyun, who was on the job less than a year. "Compelling evidence of this misconduct by Mr. Sears and Ms. Druyun came to light over the last 2 weeks," Boeing Chairman and CEO Phil Condit said in a statement. Condit and Sears, who was a member of the four-person Office of the Chairman, worked together closely at Boeing's Chicago headquarters. Sears was said to have greater influence and responsibility than the typical CFO. (Reuters 02:50 PM ET 11/24/2003) Mo http://q1.schwab.com/s/r?l=248&a=893...a&s=rb0311 24 ---------------------------------------------------------------- With one big misstep, BOEING CO. CFO Mike Sears threw away a bright future at the world's largest aerospace company and reopened a debate over who will succeed Chief Executive Phil Condit. Condit's potential successors are now led by Alan Mulally, 58, who was praised for guiding Boeing's Seattle-based commercial jet unit through an unprecedented airline slump after the airplane hijackings of Sept. 11, 2001. Mulally's unit is producing operating profits even as jet deliveries have crumbled to a projected 280 in 2003 from 527 in 2001 and 40,000 jobs have been cut from a payroll of 93,000. At 53, military and space boss Jim Albaugh is younger than Mulally, but his business unit has struggled to overcome satellite production problems and slumping demand for commercial launches. (Reuters 04:40 PM ET 11/24/2003) Mo http://q1.schwab.com/s/r?l=248&a=893...a&s=rb0311 24 ================================================== ============== On Wed, 01 Oct 2003 23:00:20 GMT, Larry Dighera wrote in Message-Id: : The U.S. Air Force on Tuesday said it granted BOEING CO. an exception to U.S. government sanctions to award it a contract for one Delta IV rocket to launch a spy satellite into space in 2005. But Air Force Undersecretary Peter Teets stressed that he had not removed the Chicago-based company from its suspension from rocket launches, and urged the company to continue taking measures to prevent further problems. The Air Force on July 24 suspended three Boeing units from obtaining government satellite launch contracts after finding it broke federal law by obtaining over 25,000 documents from rival Lockheed Martin Corp. during bidding for the initial EELV contract, valued at nearly $2 billion. The move had been widely expected, since Lockheed currently has no capacity to launch rockets from the West Coast and could not build such a facility in time to launch the classified satellite, which will replace another aging satellite. (Reuters 07:08 PM ET 09/30/2003) Mo http://q1.schwab.com/s/r?l=248&a=870...a&s=rb0309 30 ---------------------------------------------------------------- On Sat, 13 Sep 2003 15:19:09 GMT, Larry Dighera wrote in Message-Id: : The Air Force said it plans to award LOCKHEED MARTIN CORP. three new satellite-launching contracts around Oct. 1 -- deals off-limits to rival BOEING CO. The Air Force on July 22 shifted seven launch contracts from Boeing to Lockheed and suspended it from vying for the coming three, worth a combined total of about $1 billion. The service banned Boeing's rocket units from bidding after finding that it broke federal law by obtaining secret Lockheed documents to win a $1.5 billion launch contract in 1998. The Air Force's No. 2 official, Undersecretary Peter Teets, on Sept. 4 said Boeing's rocket units' suspension "absolutely" must be lifted in time for it to compete for the next round of as many as 20 launches. (Reuters 03:41 PM ET 09/12/2003) Mo http://q1.schwab.com/s/r?l=248&a=863...a&s=rb0309 12 ---------------------------------------------------------------- BOEING CO. is disciplining six employees after the aerospace and defense company determined they were involved in acquiring proprietary LOCKHEED MARTIN documents, The Wall Street Journal said on Friday, citing people familiar with the matter. The Air Force in July suspended Boeing from competing for several launch contracts over Boeing's possession of 25,000 pages of Lockheed documents during a 1998 contract competition. The head of Boeing's Delta IV military rocket program was removed from the project, though none of the six employees were fired, said the Journal. A Boeing spokesman confirmed the company's investigation has resulted in "certain internal administrative-personnel actions," and declined to give further comment. (Reuters 05:44 AM ET 09/12/2003) Mo http://q1.schwab.com/s/r?l=248&a=863...a&s=rb0309 12 ---------------------------------------------------------------- BOEING CO. said penalties imposed by the U.S. Air Force for improperly obtaining documents from rival Lockheed Martin Corp. would not result in financial charges. The Air Force in July shifted seven launch contracts from Boeing to Lockheed and suspended it from competing for three others, worth a combined $1 billion or so, over Boeing's possession of 25,000 pages of Lockheed documents during a 1998 contract competition. "We think we are fully reserved for that," said Jim Albaugh, head of Boeing's military and space unit, in a presentation to investors monitored via Web cast. "We don't see any financial impact as a result of losing the launches." (Reuters 01:15 PM ET 09/11/2003) Mo http://q1.schwab.com/s/r?l=248&a=863...a&s=rb0309 11 ================================================ ================ On Fri, 05 Sep 2003 17:21:36 GMT, Larry Dighera wrote in Message-Id: : U.S. Air Force Undersecretary Peter Teets said that he hopes to decide by October whether to let BOEING CO. resume bidding for spy satellite launches after being suspended for obtaining documents of rival LOCKHEED MARTIN CORP. "It is a necessity that we have two providers ... that are involved in healthy businesses," he told reporters. "We need those companies to succeed in what they're doing." Teets said that in the next six weeks or so, the Pentagon planned to outline its blueprint for acquiring more satellite launch vehicles and would likely divide the work, rather than issue a winner-take-all contract. He said the actual request for proposals would likely go out at the end of the year or January 2004. (Reuters 12:03 PM ET 09/04/2003) Mo http://q1.schwab.com/s/r?l=248&a=861...a&s=rb0309 04 On Wed, 03 Sep 2003 03:46:46 GMT, Larry Dighera wrote in Message-Id: : BOEING CO., in an exception to a U.S. government sanction, has won a $56.7 million Air Force contract extending its Delta II rocket launch program, the Defense Department said Friday. The Air Force Delta II vehicle launches satellites for the Global Positioning System, a U.S. military-developed system that provides accurate locations worldwide. The next launch was scheduled for October, the Pentagon said. The new contract extends the existing Boeing Delta II launch arrangement for fiscal 2004, which begins Oct. 1, it added in a contract announcement. "This award required an exception to the existing suspension of three Boeing business units," the Pentagon said without specifying why an exception was made. (Reuters 05:52 PM ET 08/29/2003) Mo http://q1.schwab.com/s/r?l=248&a=859...a&s=rb0308 29 ---------------------------------------------------------------- A Delta 4 rocket built by BOEING CO. and carrying a U.S. Defense Department satellite successfully launched from the Cape Canaveral Air Force Station on Friday. This was the third launch for the Delta 4 series, one of two new-generation rockets -- along with Lockheed Martin's Atlas 5 -- designed under a U.S. Air Force contract to be stronger, more reliable and more cost-effective. The DSCS-3 satellite, pronounced "discus three" and standing for third generation Defense Satellite Communications System, was the 15th of its class launched since 1982. It was headed for a geo-stationary orbit 22,300 miles (35,890 km) above the equator. (Reuters 07:34 PM ET 08/29/2003) Mo http://q1.schwab.com/s/r?l=248&a=859...a&s=rb0308 29 ---------------------------------------------------------------- On Mon, 25 Aug 2003 22:01:18 GMT, Larry Dighera wrote in Message-Id: : Boeing Co (BA) (35.68 +0.74) BOEING CO., banned last month from launching government satellites for illegally acquiring a competitor's documents, will try to convince the U.S. Air Force next week that the company's ethics policies and training will prevent future breaches. The company said on Thursday it will seek to persuade the U.S. Air Force to reinstate three business units as government contractors in a formal response next Monday. "We're going to demonstrate to the Air Force that Boeing is a presently responsible contractor, and that we've got appropriate ethics policies, procedures and training in place to prevent something like this from happening again," said Boeing spokesman Dan Beck. (Reuters 06:52 PM ET 08/21/2003) Mo http://q1.schwab.com/s/r?l=248&a=857...a&s=rb0308 21 ============================================= =================== On Thu, 07 Aug 2003 23:30:48 GMT, Larry Dighera wrote in Message-Id: : BOEING CO. said it has postponed the launch of a Delta IV rocket lifting a defense satellite into space from Cape Canaveral, Fla., due to a technical problem with an antenna and no new launch date has been set. Tuesday was the last day under which Boeing could launch the satellite -- a Defense Satellite Communications System spacecraft, DSCS III B6 -- under the Air Force's Evolved Expendable Launch Vehicle program, said Boeing spokesman Robert Villanueva. The award was part of the original group of launches awarded to Boeing under the EELV program, which is now the subject of investigations and lawsuits. Boeing recently announced its intentions to shift its focus on the Delta IV completely away from dwindling commercial customers and into the defense market. (Reuters 04:31 PM ET 08/04/2003) Mo http://q1.schwab.com/s/r?l=248&a=850...a&s=rb0308 04 ---------------------------------------------------------------- On Fri, 25 Jul 2003 10:57:40 GMT, Larry Dighera wrote in Message-Id: : The U.S. Air Force announced that it would shift rocket launch contracts valued at about $1 billion from BOEING CO. to its rival LOCKHEED MARTIN CORP. for acquiring around 25,000 Lockheed documents during a 1998 contract. Air Force Undersecretary Peter Teets said Boeing would lose seven contracts it won in 1998, as well as three launches to be awarded in the next weeks. In addition, three business units of Boeing Integrated Defense Systems and three of its former employees would also be suspended from future government work until corrective action was taken, Teets told a news conference. He said the company could be reinstated within 60 to 90 days, in time for the company to bid for 15 to 20 launches to be awarded late this year. (Reuters 04:55 PM ET 07/24/2003) Mo http://q1.schwab.com/s/r?l=248&a=846...a&s=rb0307 24 =========================================== ===================== On Fri, 25 Jul 2003 10:53:58 GMT, Larry Dighera wrote in Message-Id: : The U.S. Air Force will recommend that BOEING CO. lose six Pentagon contracts worth several hundred million dollars for acquiring a competitor's documents as the two battled for a $2 billion rocket deal in the 1990s, defense officials said. Boeing would stand to lose more future contracts under the proposed sanctions Air Force Undersecretary Peter Teets will present later to Defense Secretary Donald Rumsfeld, who is expected to make a final decision this week, said the officials, who asked not to be named. Rumsfeld could also decide to suspend or bar Chicago-based Boeing's rocket unit from new contracts for up to a year. A federal grand jury has indicted two former Boeing engineers on charges of conspiracy for obtaining thousands of pages of proprietary documents from rival LOCKHEED MARTIN CORP. papers during a 1998 competition in which Boeing's Delta IV rocket beat out Lockheed's Atlas V. (Reuters 01:39 PM ET 07/23/2003) Mo http://q1.schwab.com/s/r?l=248&a=845...a&s=rb0307 23 ========================================== ====================== On Fri, 25 Jul 2003 10:45:29 GMT, Larry Dighera wrote in Message-Id: : BOEING CO. on Monday warned that excessive sanctions for its alleged misuse of a competitor's documents could force it to completely scrap its Delta IV rocket, jeopardizing the government's goal of having at least two companies launching military satellites. Boeing last week pulled the Delta IV out of the money-losing commercial satellite market, leaving only the government market to keep the program in the black. On Monday, the company's space and defense boss, Jim Albaugh, told a small group of reporters Boeing could pull out of the Delta IV program entirely if it fails to turn a profit. "I don't know what remedies they are going to take," Albaugh told a small group of reporters. "There is a real probability that we could lose some launches." (Reuters 06:34 PM ET 07/21/2003) Mo http://q1.schwab.com/s/r?l=248&a=843...a&s=rb0307 21 ---------------------------------------------------------------- On Mon, 21 Jul 2003 21:37:09 GMT, Larry Dighera wrote in Message-Id: : Two former BOEING CO. engineers have been indicted by a grand jury on charges of conspiracy in connection with allegations that Boeing used documents from rival LOCKHEED MARTIN CORP. to win a $1.88 billion U.S. Air Force contract. The U.S. Attorney's office said the two men, named as Kenneth Branch and William Erskine, were indicted by a federal grand jury in Los Angeles late on Thursday. Both men are charged with one count of conspiracy to conceal and possess trade secrets and are expected to be arraigned early next month. The charges arise from an alleged conspiracy to steal secrets from Lockheed Martin in 1997 and 1998 during the bidding for the multi-billion dollar Evolved Expendable Launch Vehicle program. Boeing has said the managers in question acted alone and have since been fired. (Reuters 02:05 PM ET 07/18/2003) Mo http://q1.schwab.com/s/r?l=248&a=843...a&s=rb0307 18 ---------------------------------------------------------------- On Fri, 18 Jul 2003 20:54:25 GMT, Larry Dighera wrote in Message-Id: : 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 http://q1.schwab.com/s/r?l=248&a=842...a&s=rb0307 17 ---------------------------------------------------------------- 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 http://q1.schwab.com/s/r?l=248&a=833...a&s=rb0306 26 ====================================== ========================== 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 ===================================== =========================== 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 http://q1.schwab.com/s/r?l=248&a=829...a&s=rb0306 17 --space Irrational beliefs ultimately lead to irrational acts. -- Larry Dighera, |
#10
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What's that? Say again?
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