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Wednesday, July 02, 2008

State Department fines Boeing $3 million

Boeing has agreed to pay a $3 million fine for exceeding value limits on purchases of parts from foreign suppliers for its military products.

Boeing spokesman Tim Neale says the Chicago-based company discovered the violations and reported them to the State Department.

Boeing violated manufacturing license agreements required under federal regulations governing international arms sales.

The suppliers were in Australia, the United Kingdom, Canada, Israel, Italy, Japan, the Netherlands, Switzerland and Austria.

[...]

Labels: war contractors. Boeing

Boeing gets $19.2M Navy contract for aircraft work

Boeing Co.'s McDonnell Douglas Corp. received a $19.2 million contract boost from the Navy for engineering services on the T-45 aircraft and simulators, the Pentagon said late Friday.

The T-45 Goshawk is a replacement aircraft used by the Navy in its jet training program.

[...]

Labels: war contractors. Boeing