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



 
 
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  #11  
Old December 19th 03, 09:31 PM
Larry Dighera
external usenet poster
 
Posts: n/a
Default


The United States will seek civil damages from BOEING CO. to
cover the cost of switching satellite launch providers amid the
company's alleged theft of a rival's documents to win a military
contract, The Wall Street Journal said. The newspaper, citing
people familiar with the government's strategy, said the
Chicago-based aerospace company could face civil claims of
least $170 million -- much of the cost of shifting certain
launches to LOCKHEED MARTIN CORP. -- the competitor from whom
the documents were taken, according to some internal Pentagon
estimates, it said. In May, the U.S. Justice Department said it
launched a criminal and civil investigation into whether Boeing
gathered sensitive documents of Lockheed in the late 1990s
while bidding to make the rockets used to launch U.S.
government satellites.
(Reuters 03:37 AM ET 12/18/2003)

Mo
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Boeing Co (BA) (41.35 +0.49)

BOEING CO. released the first phase of an ethics review by former
U.S. Sen. Warren Rudman finding no fundamental flaws or systemic
failure at the world's largest aerospace company. The Boeing
board of directors requested the Rudman review last July. It
followed news of a federal investigation of charges that two
former Boeing managers conspired to steal secrets from Lockheed
Martin Corp. in 1997 and 1998 during the bidding for the
multibillion dollar Evolved Expendable Launch Vehicle rocket
program. The report is dated Nov. 3, before the unexpected
firing of former CFO Mike Sears over hiring discussions with an
Air Force official who was still working on Boeing business. A
separate review of hiring practices spawned by that event, in
which missile defense executive Darleen Druyun was also
dismissed, is still ongoing and will be released in Q1 2004,
Boeing said.
(Reuters 01:25 PM ET 12/18/2003)

Mo
http://q1.schwab.com/s/r?l=248&a=902...a&s=rb0312 18

================================================== ==============

On Tue, 25 Nov 2003 21:18:19 GMT, Larry Dighera
wrote in Message-Id: :

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
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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
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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
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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
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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
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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
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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
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============================================ ===================



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
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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
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========================================== ======================


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
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========================================= =======================


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


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

Mo
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===================================== ===========================



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



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

Mo
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==================================== ============================


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


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

Mo
http://q1.schwab.com/s/r?l=248&a=829...a&s=rb0306 17



--space

Irrational beliefs ultimately lead to irrational acts.
-- Larry Dighera,


  #12  
Old February 4th 04, 02:50 PM
Larry Dighera
external usenet poster
 
Posts: n/a
Default



The cost to the U.S. government of BOEING CO.'s illegal use of
documents belonging to rival LOCKHEED MARTIN CORP. is about
$223 million, a senior U.S. defense official said. The cost
resulted from switching some of its satellite launch business
from Boeing to Lockheed, the official told reporters at a
briefing on the Air Force space budget. Justice Department
lawyers are expected to seek civil damages from Boeing, which
could top $660 million under federal false-claims laws that
allow triple damages. "Two hundred twenty three million is
probably the cost to the government of the Procurement
Integrity Act violation," the official said on Friday. His
remarks were embargoed until the White House presented its
budget to Congress on Monday.
(Reuters 11:06 AM ET 02/02/2004)

Mo
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================================================== ==============

On Fri, 19 Dec 2003 21:31:39 GMT, Larry Dighera
wrote in Message-Id: :


The United States will seek civil damages from BOEING CO. to
cover the cost of switching satellite launch providers amid the
company's alleged theft of a rival's documents to win a military
contract, The Wall Street Journal said. The newspaper, citing
people familiar with the government's strategy, said the
Chicago-based aerospace company could face civil claims of
least $170 million -- much of the cost of shifting certain
launches to LOCKHEED MARTIN CORP. -- the competitor from whom
the documents were taken, according to some internal Pentagon
estimates, it said. In May, the U.S. Justice Department said it
launched a criminal and civil investigation into whether Boeing
gathered sensitive documents of Lockheed in the late 1990s
while bidding to make the rockets used to launch U.S.
government satellites.
(Reuters 03:37 AM ET 12/18/2003)

Mo
http://q1.schwab.com/s/r?l=248&a=902...a&s=rb0312 18

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Boeing Co (BA) (41.35 +0.49)

BOEING CO. released the first phase of an ethics review by former
U.S. Sen. Warren Rudman finding no fundamental flaws or systemic
failure at the world's largest aerospace company. The Boeing
board of directors requested the Rudman review last July. It
followed news of a federal investigation of charges that two
former Boeing managers conspired to steal secrets from Lockheed
Martin Corp. in 1997 and 1998 during the bidding for the
multibillion dollar Evolved Expendable Launch Vehicle rocket
program. The report is dated Nov. 3, before the unexpected
firing of former CFO Mike Sears over hiring discussions with an
Air Force official who was still working on Boeing business. A
separate review of hiring practices spawned by that event, in
which missile defense executive Darleen Druyun was also
dismissed, is still ongoing and will be released in Q1 2004,
Boeing said.
(Reuters 01:25 PM ET 12/18/2003)

Mo
http://q1.schwab.com/s/r?l=248&a=902...a&s=rb0312 18

================================================= ===============

On Tue, 25 Nov 2003 21:18:19 GMT, Larry Dighera
wrote in Message-Id: :

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
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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

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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
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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
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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
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============================================== ==================



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
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----------------------------------------------------------------


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
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----------------------------------------------------------------



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
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=========================================== =====================



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
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----------------------------------------------------------------



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
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========================================= =======================


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
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======================================== ========================


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
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----------------------------------------------------------------

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
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----------------------------------------------------------------


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
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----------------------------------------------------------------


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


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

Mo
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==================================== ============================



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



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

Mo
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=================================== =============================


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


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

Mo
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--space

Irrational beliefs ultimately lead to irrational acts.
-- Larry Dighera,


  #13  
Old February 22nd 04, 10:05 AM
Larry Dighera
external usenet poster
 
Posts: n/a
Default


A Los Angeles jury has rejected claims of a former scientist at
BOEING CO. that he was fired for reporting that a company
executive possessed documents belonging to rival Lockheed
Martin Corp., the scientist's lawyer said. Attorney Megan
Wagner, who represented former Boeing employee Krishnan
Raghavan, said she would appeal the unanimous verdict reached
by the Superior Court jury on Wednesday following a 6-week
trial. Boeing last year fired two employees and disciplined a
third amid two federal probes over the stolen documents, which
also led the U.S. Air Force to shift at least $1 billion worth
of rocket launches from Boeing to Lockheed. A Boeing spokesman
did not immediately return a phone call seeking comment.
Raghavan, 51, was laid off in August 2001 after 13 years at the
company. Boeing argued the move was driven by economic reasons.
(Reuters 02:53 PM ET 02/19/2004)

Mo
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---------------------------------------------------------------

On Wed, 04 Feb 2004 14:50:42 GMT, Larry Dighera
wrote in Message-Id: :

The cost to the U.S. government of BOEING CO.'s illegal use of
documents belonging to rival LOCKHEED MARTIN CORP. is about
$223 million, a senior U.S. defense official said. The cost
resulted from switching some of its satellite launch business
from Boeing to Lockheed, the official told reporters at a
briefing on the Air Force space budget. Justice Department
lawyers are expected to seek civil damages from Boeing, which
could top $660 million under federal false-claims laws that
allow triple damages. "Two hundred twenty three million is
probably the cost to the government of the Procurement
Integrity Act violation," the official said on Friday. His
remarks were embargoed until the White House presented its
budget to Congress on Monday.
(Reuters 11:06 AM ET 02/02/2004)

Mo
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================================================= ===============

On Fri, 19 Dec 2003 21:31:39 GMT, Larry Dighera
wrote in Message-Id: :


The United States will seek civil damages from BOEING CO. to
cover the cost of switching satellite launch providers amid the
company's alleged theft of a rival's documents to win a military
contract, The Wall Street Journal said. The newspaper, citing
people familiar with the government's strategy, said the
Chicago-based aerospace company could face civil claims of
least $170 million -- much of the cost of shifting certain
launches to LOCKHEED MARTIN CORP. -- the competitor from whom
the documents were taken, according to some internal Pentagon
estimates, it said. In May, the U.S. Justice Department said it
launched a criminal and civil investigation into whether Boeing
gathered sensitive documents of Lockheed in the late 1990s
while bidding to make the rockets used to launch U.S.
government satellites.
(Reuters 03:37 AM ET 12/18/2003)

Mo
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----------------------------------------------------------------
Boeing Co (BA) (41.35 +0.49)

BOEING CO. released the first phase of an ethics review by former
U.S. Sen. Warren Rudman finding no fundamental flaws or systemic
failure at the world's largest aerospace company. The Boeing
board of directors requested the Rudman review last July. It
followed news of a federal investigation of charges that two
former Boeing managers conspired to steal secrets from Lockheed
Martin Corp. in 1997 and 1998 during the bidding for the
multibillion dollar Evolved Expendable Launch Vehicle rocket
program. The report is dated Nov. 3, before the unexpected
firing of former CFO Mike Sears over hiring discussions with an
Air Force official who was still working on Boeing business. A
separate review of hiring practices spawned by that event, in
which missile defense executive Darleen Druyun was also
dismissed, is still ongoing and will be released in Q1 2004,
Boeing said.
(Reuters 01:25 PM ET 12/18/2003)

Mo
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================================================ ================

On Tue, 25 Nov 2003 21:18:19 GMT, Larry Dighera
wrote in Message-Id: :

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
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----------------------------------------------------------------
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
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=============================================== =================



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
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----------------------------------------------------------------


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
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----------------------------------------------------------------

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
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----------------------------------------------------------------

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
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============================================= ===================



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
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----------------------------------------------------------------


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
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----------------------------------------------------------------



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

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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

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


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

Mo
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,


  #14  
Old April 11th 04, 07:21 PM
Larry Dighera
external usenet poster
 
Posts: n/a
Default


The U.S. Air Force will reinstate the good standing of BOEING
CO., allowing the company's rocket units to resume bidding on
government projects, The Wall Street Journal said. After being
punished last year for illegally acquiring a competitor's
documents during bidding in a major rocket competition, Boeing
executives and Air Force officials are putting the final
touches on an accord that would designate Boeing as a
"presently responsible" contractor, the Journal said. Under the
agreement, Boeing will pay the Air Force costs relating to the
investigation and put in place ethics programs while giving the
Pentagon regular updates on compliance. The Journal said
payments Boeing may make will not exceed several million
dollars, but added that a final accord has not been reached
yet. The settlement also will not resolve U.S. Justice
Department criminal and civil probes, the Journal said.
(Reuters 02:11 AM ET 04/05/2004)

Mo
http://q1.schwab.com/s/r?l=248&a=943...a&s=rb0404 05

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On Sun, 22 Feb 2004 10:05:00 GMT, Larry Dighera
wrote in Message-Id: :

A Los Angeles jury has rejected claims of a former scientist at
BOEING CO. that he was fired for reporting that a company
executive possessed documents belonging to rival Lockheed
Martin Corp., the scientist's lawyer said. Attorney Megan
Wagner, who represented former Boeing employee Krishnan
Raghavan, said she would appeal the unanimous verdict reached
by the Superior Court jury on Wednesday following a 6-week
trial. Boeing last year fired two employees and disciplined a
third amid two federal probes over the stolen documents, which
also led the U.S. Air Force to shift at least $1 billion worth
of rocket launches from Boeing to Lockheed. A Boeing spokesman
did not immediately return a phone call seeking comment.
Raghavan, 51, was laid off in August 2001 after 13 years at the
company. Boeing argued the move was driven by economic reasons.
(Reuters 02:53 PM ET 02/19/2004)

Mo
http://q1.schwab.com/s/r?l=248&a=926...a&s=rb0402 19

---------------------------------------------------------------

On Wed, 04 Feb 2004 14:50:42 GMT, Larry Dighera
wrote in Message-Id: :

The cost to the U.S. government of BOEING CO.'s illegal use of
documents belonging to rival LOCKHEED MARTIN CORP. is about
$223 million, a senior U.S. defense official said. The cost
resulted from switching some of its satellite launch business
from Boeing to Lockheed, the official told reporters at a
briefing on the Air Force space budget. Justice Department
lawyers are expected to seek civil damages from Boeing, which
could top $660 million under federal false-claims laws that
allow triple damages. "Two hundred twenty three million is
probably the cost to the government of the Procurement
Integrity Act violation," the official said on Friday. His
remarks were embargoed until the White House presented its
budget to Congress on Monday.
(Reuters 11:06 AM ET 02/02/2004)

Mo
http://q1.schwab.com/s/r?l=248&a=918...a&s=rb0402 02

================================================ ================

On Fri, 19 Dec 2003 21:31:39 GMT, Larry Dighera
wrote in Message-Id: :


The United States will seek civil damages from BOEING CO. to
cover the cost of switching satellite launch providers amid the
company's alleged theft of a rival's documents to win a military
contract, The Wall Street Journal said. The newspaper, citing
people familiar with the government's strategy, said the
Chicago-based aerospace company could face civil claims of
least $170 million -- much of the cost of shifting certain
launches to LOCKHEED MARTIN CORP. -- the competitor from whom
the documents were taken, according to some internal Pentagon
estimates, it said. In May, the U.S. Justice Department said it
launched a criminal and civil investigation into whether Boeing
gathered sensitive documents of Lockheed in the late 1990s
while bidding to make the rockets used to launch U.S.
government satellites.
(Reuters 03:37 AM ET 12/18/2003)

Mo
http://q1.schwab.com/s/r?l=248&a=902...a&s=rb0312 18

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Boeing Co (BA) (41.35 +0.49)

BOEING CO. released the first phase of an ethics review by former
U.S. Sen. Warren Rudman finding no fundamental flaws or systemic
failure at the world's largest aerospace company. The Boeing
board of directors requested the Rudman review last July. It
followed news of a federal investigation of charges that two
former Boeing managers conspired to steal secrets from Lockheed
Martin Corp. in 1997 and 1998 during the bidding for the
multibillion dollar Evolved Expendable Launch Vehicle rocket
program. The report is dated Nov. 3, before the unexpected
firing of former CFO Mike Sears over hiring discussions with an
Air Force official who was still working on Boeing business. A
separate review of hiring practices spawned by that event, in
which missile defense executive Darleen Druyun was also
dismissed, is still ongoing and will be released in Q1 2004,
Boeing said.
(Reuters 01:25 PM ET 12/18/2003)

Mo
http://q1.schwab.com/s/r?l=248&a=902...a&s=rb0312 18

=============================================== =================

On Tue, 25 Nov 2003 21:18:19 GMT, Larry Dighera
wrote in Message-Id: :

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

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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
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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

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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
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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

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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,


  #15  
Old May 6th 04, 12:43 AM
Larry Dighera
external usenet poster
 
Posts: n/a
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BOEING CO. on Tuesday said it has hired an independent ethics
officer who will report to the U.S. government as part of an
emerging agreement that would end sanctions banning Boeing from
bidding on billions of dollars of military rocket launch
contracts. Dan Beck, spokesman for the company, said the new
ethics officer, along with a staff of four or five, would
monitor Boeing's compliance with myriad ethics rules and alert
the Air Force about any future transgressions. He said Boeing
had also agreed in the negotiations not to ask the military to
reimburse a portion of tens of millions of dollars in Boeing
expenditures related to the ethics issues. A 4-hour session
last July alone cost the company $15 million, the Wall Street
Journal reported Tuesday.
(Reuters 05:37 PM ET 05/04/2004)

Mo
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BOEING has hired an independent ethics watchdog that will inform
the U.S. government of any future ethical breaches at the
aircraft maker, The Wall Street Journal said. The Boeing move
comes on the heels of ethics scandals at the aerospace giant
and was demanded by the Air Force as part of a larger
administrative settlement under negotiation, the Journal said,
citing people familiar with the details. In April a former top
U.S. Air Force procurement official, Darleen Druyun, pleaded
guilty to one conspiracy count for violating a
conflict-of-interest law by negotiating an eventual job at
Boeing while she was still overseeing talks for a
multibillion-dollar midair refueling tanker deal.
(Reuters 04:49 AM ET 05/04/2004)

Mo
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----------------------------------------------------------On Sun, 11
Apr 2004 18:21:28 GMT, Larry Dighera wrote in
Message-Id: :


The U.S. Air Force will reinstate the good standing of BOEING
CO., allowing the company's rocket units to resume bidding on
government projects, The Wall Street Journal said. After being
punished last year for illegally acquiring a competitor's
documents during bidding in a major rocket competition, Boeing
executives and Air Force officials are putting the final
touches on an accord that would designate Boeing as a
"presently responsible" contractor, the Journal said. Under the
agreement, Boeing will pay the Air Force costs relating to the
investigation and put in place ethics programs while giving the
Pentagon regular updates on compliance. The Journal said
payments Boeing may make will not exceed several million
dollars, but added that a final accord has not been reached
yet. The settlement also will not resolve U.S. Justice
Department criminal and civil probes, the Journal said.
(Reuters 02:11 AM ET 04/05/2004)

Mo
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On Sun, 22 Feb 2004 10:05:00 GMT, Larry Dighera
wrote in Message-Id: :

A Los Angeles jury has rejected claims of a former scientist at
BOEING CO. that he was fired for reporting that a company
executive possessed documents belonging to rival Lockheed
Martin Corp., the scientist's lawyer said. Attorney Megan
Wagner, who represented former Boeing employee Krishnan
Raghavan, said she would appeal the unanimous verdict reached
by the Superior Court jury on Wednesday following a 6-week
trial. Boeing last year fired two employees and disciplined a
third amid two federal probes over the stolen documents, which
also led the U.S. Air Force to shift at least $1 billion worth
of rocket launches from Boeing to Lockheed. A Boeing spokesman
did not immediately return a phone call seeking comment.
Raghavan, 51, was laid off in August 2001 after 13 years at the
company. Boeing argued the move was driven by economic reasons.
(Reuters 02:53 PM ET 02/19/2004)

Mo
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---------------------------------------------------------------

On Wed, 04 Feb 2004 14:50:42 GMT, Larry Dighera
wrote in Message-Id: :

The cost to the U.S. government of BOEING CO.'s illegal use of
documents belonging to rival LOCKHEED MARTIN CORP. is about
$223 million, a senior U.S. defense official said. The cost
resulted from switching some of its satellite launch business
from Boeing to Lockheed, the official told reporters at a
briefing on the Air Force space budget. Justice Department
lawyers are expected to seek civil damages from Boeing, which
could top $660 million under federal false-claims laws that
allow triple damages. "Two hundred twenty three million is
probably the cost to the government of the Procurement
Integrity Act violation," the official said on Friday. His
remarks were embargoed until the White House presented its
budget to Congress on Monday.
(Reuters 11:06 AM ET 02/02/2004)

Mo
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On Fri, 19 Dec 2003 21:31:39 GMT, Larry Dighera
wrote in Message-Id: :


The United States will seek civil damages from BOEING CO. to
cover the cost of switching satellite launch providers amid the
company's alleged theft of a rival's documents to win a military
contract, The Wall Street Journal said. The newspaper, citing
people familiar with the government's strategy, said the
Chicago-based aerospace company could face civil claims of
least $170 million -- much of the cost of shifting certain
launches to LOCKHEED MARTIN CORP. -- the competitor from whom
the documents were taken, according to some internal Pentagon
estimates, it said. In May, the U.S. Justice Department said it
launched a criminal and civil investigation into whether Boeing
gathered sensitive documents of Lockheed in the late 1990s
while bidding to make the rockets used to launch U.S.
government satellites.
(Reuters 03:37 AM ET 12/18/2003)

Mo
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Boeing Co (BA) (41.35 +0.49)

BOEING CO. released the first phase of an ethics review by former
U.S. Sen. Warren Rudman finding no fundamental flaws or systemic
failure at the world's largest aerospace company. The Boeing
board of directors requested the Rudman review last July. It
followed news of a federal investigation of charges that two
former Boeing managers conspired to steal secrets from Lockheed
Martin Corp. in 1997 and 1998 during the bidding for the
multibillion dollar Evolved Expendable Launch Vehicle rocket
program. The report is dated Nov. 3, before the unexpected
firing of former CFO Mike Sears over hiring discussions with an
Air Force official who was still working on Boeing business. A
separate review of hiring practices spawned by that event, in
which missile defense executive Darleen Druyun was also
dismissed, is still ongoing and will be released in Q1 2004,
Boeing said.
(Reuters 01:25 PM ET 12/18/2003)

Mo
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============================================== ==================

On Tue, 25 Nov 2003 21:18:19 GMT, Larry Dighera
wrote in Message-Id: :

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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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====================================== ==========================


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


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

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



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

Mo
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================================ ================================


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


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

Mo
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--space

Irrational beliefs ultimately lead to irrational acts.
-- Larry Dighera,


  #16  
Old May 14th 04, 01:58 PM
Larry Dighera
external usenet poster
 
Posts: n/a
Default


A third BOEING CO. employee was charged on Tuesday in an ongoing
federal probe into allegations that Boeing stole trade secrets
from rival LOCKHEED MARTIN CORP., federal prosecutors said.
Larry Satchell, 65, faces charges of conspiracy, obstruction of
justice, theft of trade secrets and violating the federal
Procurement Integrity Act, Assistant U.S. Attorney Chris
Johnson said. He was expected to surrender to federal
authorities in Los Angeles on Tuesday, Johnson said. Satchell
is accused of plotting with ex-Boeing engineers Kenneth Branch
and William Erskine to use more than 25,000 pages of
proprietary Lockheed documents to bid against Lockheed on 28
U.S. Air Force satellite launch contracts worth $1.9 billion in
1998. Boeing won 19 of the contracts. Lockheed, the top U.S.
military contractor, won nine. As punishment, the Air Force
later shifted $1 billion worth of launch work to Lockheed from
Boeing and suspended Boeing from related launch competitions on
the program. Boeing disciplined Satchell in 1999, and he retired
3 days later, Beck said.
(Reuters 06:40 PM ET 05/11/2004)

Mo
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On Wed, 05 May 2004 23:43:51 GMT, Larry Dighera
wrote in Message-Id: :

BOEING CO. on Tuesday said it has hired an independent ethics
officer who will report to the U.S. government as part of an
emerging agreement that would end sanctions banning Boeing from
bidding on billions of dollars of military rocket launch
contracts. Dan Beck, spokesman for the company, said the new
ethics officer, along with a staff of four or five, would
monitor Boeing's compliance with myriad ethics rules and alert
the Air Force about any future transgressions. He said Boeing
had also agreed in the negotiations not to ask the military to
reimburse a portion of tens of millions of dollars in Boeing
expenditures related to the ethics issues. A 4-hour session
last July alone cost the company $15 million, the Wall Street
Journal reported Tuesday.
(Reuters 05:37 PM ET 05/04/2004)

Mo
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BOEING has hired an independent ethics watchdog that will inform
the U.S. government of any future ethical breaches at the
aircraft maker, The Wall Street Journal said. The Boeing move
comes on the heels of ethics scandals at the aerospace giant
and was demanded by the Air Force as part of a larger
administrative settlement under negotiation, the Journal said,
citing people familiar with the details. In April a former top
U.S. Air Force procurement official, Darleen Druyun, pleaded
guilty to one conspiracy count for violating a
conflict-of-interest law by negotiating an eventual job at
Boeing while she was still overseeing talks for a
multibillion-dollar midair refueling tanker deal.
(Reuters 04:49 AM ET 05/04/2004)

Mo
http://q1.schwab.com/s/r?l=248&a=956...a&s=rb0405 04

----------------------------------------------------------On Sun, 11
Apr 2004 18:21:28 GMT, Larry Dighera wrote in
Message-Id: :


The U.S. Air Force will reinstate the good standing of BOEING
CO., allowing the company's rocket units to resume bidding on
government projects, The Wall Street Journal said. After being
punished last year for illegally acquiring a competitor's
documents during bidding in a major rocket competition, Boeing
executives and Air Force officials are putting the final
touches on an accord that would designate Boeing as a
"presently responsible" contractor, the Journal said. Under the
agreement, Boeing will pay the Air Force costs relating to the
investigation and put in place ethics programs while giving the
Pentagon regular updates on compliance. The Journal said
payments Boeing may make will not exceed several million
dollars, but added that a final accord has not been reached
yet. The settlement also will not resolve U.S. Justice
Department criminal and civil probes, the Journal said.
(Reuters 02:11 AM ET 04/05/2004)

Mo
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On Sun, 22 Feb 2004 10:05:00 GMT, Larry Dighera
wrote in Message-Id: :

A Los Angeles jury has rejected claims of a former scientist at
BOEING CO. that he was fired for reporting that a company
executive possessed documents belonging to rival Lockheed
Martin Corp., the scientist's lawyer said. Attorney Megan
Wagner, who represented former Boeing employee Krishnan
Raghavan, said she would appeal the unanimous verdict reached
by the Superior Court jury on Wednesday following a 6-week
trial. Boeing last year fired two employees and disciplined a
third amid two federal probes over the stolen documents, which
also led the U.S. Air Force to shift at least $1 billion worth
of rocket launches from Boeing to Lockheed. A Boeing spokesman
did not immediately return a phone call seeking comment.
Raghavan, 51, was laid off in August 2001 after 13 years at the
company. Boeing argued the move was driven by economic reasons.
(Reuters 02:53 PM ET 02/19/2004)

Mo
http://q1.schwab.com/s/r?l=248&a=926...a&s=rb0402 19

---------------------------------------------------------------

On Wed, 04 Feb 2004 14:50:42 GMT, Larry Dighera
wrote in Message-Id: :

The cost to the U.S. government of BOEING CO.'s illegal use of
documents belonging to rival LOCKHEED MARTIN CORP. is about
$223 million, a senior U.S. defense official said. The cost
resulted from switching some of its satellite launch business
from Boeing to Lockheed, the official told reporters at a
briefing on the Air Force space budget. Justice Department
lawyers are expected to seek civil damages from Boeing, which
could top $660 million under federal false-claims laws that
allow triple damages. "Two hundred twenty three million is
probably the cost to the government of the Procurement
Integrity Act violation," the official said on Friday. His
remarks were embargoed until the White House presented its
budget to Congress on Monday.
(Reuters 11:06 AM ET 02/02/2004)

Mo
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============================================== ==================

On Fri, 19 Dec 2003 21:31:39 GMT, Larry Dighera
wrote in Message-Id: :


The United States will seek civil damages from BOEING CO. to
cover the cost of switching satellite launch providers amid the
company's alleged theft of a rival's documents to win a military
contract, The Wall Street Journal said. The newspaper, citing
people familiar with the government's strategy, said the
Chicago-based aerospace company could face civil claims of
least $170 million -- much of the cost of shifting certain
launches to LOCKHEED MARTIN CORP. -- the competitor from whom
the documents were taken, according to some internal Pentagon
estimates, it said. In May, the U.S. Justice Department said it
launched a criminal and civil investigation into whether Boeing
gathered sensitive documents of Lockheed in the late 1990s
while bidding to make the rockets used to launch U.S.
government satellites.
(Reuters 03:37 AM ET 12/18/2003)

Mo
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Boeing Co (BA) (41.35 +0.49)

BOEING CO. released the first phase of an ethics review by former
U.S. Sen. Warren Rudman finding no fundamental flaws or systemic
failure at the world's largest aerospace company. The Boeing
board of directors requested the Rudman review last July. It
followed news of a federal investigation of charges that two
former Boeing managers conspired to steal secrets from Lockheed
Martin Corp. in 1997 and 1998 during the bidding for the
multibillion dollar Evolved Expendable Launch Vehicle rocket
program. The report is dated Nov. 3, before the unexpected
firing of former CFO Mike Sears over hiring discussions with an
Air Force official who was still working on Boeing business. A
separate review of hiring practices spawned by that event, in
which missile defense executive Darleen Druyun was also
dismissed, is still ongoing and will be released in Q1 2004,
Boeing said.
(Reuters 01:25 PM ET 12/18/2003)

Mo
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============================================= ===================

On Tue, 25 Nov 2003 21:18:19 GMT, Larry Dighera
wrote in Message-Id: :

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
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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
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============================================ ====================



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
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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
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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
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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
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========================================== ======================



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
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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
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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
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======================================= =========================



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
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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
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===================================== ===========================


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


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

Mo
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================================ ================================



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



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

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

=============================== =================================


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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