Boeing Punished for Spying (Loses 1 billion $$ contract with Air Force)

[doxieone]

http://news.bbc.co.uk/2/hi/business/3094825.stm


The Atlas rocket was at the heart of the disputed programme
The US Air Force has punished Boeing for resorting to industrial espionage in order to better its defence rival Lockheed Martin.
The Pentagon has barred Boeing from future rocket work and revoked $1bn worth of contracts which will be re-assigned to Lockheed Martin.

But it stopped short of banning all Boeing business units from being awarded government contracts.

Lockheed Martin sued Boeing for acquiring about 25,000 confidential documents during a 1998 contract competition.

That stolen information is thought to have helped Boeing win 21 of the 28 tendered military satellite launches, part of the Air Force's Evolved Expendable Launch Vehicle (EELV) programme.

snip

[doxieone]

1. Boeing's response (see below)

Boeing's response.

http://biz.yahoo.com/prnews/030724/cgth097_1.html"

>"We are extremely disappointed by the circumstances that prompted our customer's action, but we understand the U.S. Air Force's position that unethical behavior will not be tolerated. We apologize for our actions. We will continue to work with the Air Force to address the issues that caused this suspension.

>"Last week, I asked former Senator Rudman to review the company's policies and procedures regarding ethics and the handling of competitive information. His review will include looking at any management or cultural factors that could affect how these policies and procedures are respected and enforced.

>"To reinforce the impact unethical behavior has on the customer and the company, a stand-down will take place on July 30 for all 78,000 employees in our Integrated Defense Systems business unit. These employees will be briefed on today's action taken by our Air Force customer and the events that caused it, and participate in specialized interactive ethics and procurement integrity training.

[goforit]

2. Ahhhh....Poppy makes more money from Lockheed/saw it coming.

Hmmmmm........Another backstab for the books!!!

Wake up Missouri!!!

Are ya going to vote for Bush again??????