Bad News for Boeing | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-05.05.25

Airborne-NextGen-05.06.25

AirborneUnlimited-05.07.25

Airborne-Unlimited-05.01.25

AirborneUnlimited-05.02.25

Fri, Jul 25, 2003

Bad News for Boeing

Lockheed Martin Stands to Gain

Lockheed Martin is getting all kinds of good news lately. As we report in a separate story today, their Atlas V is starting a Pluto mission in 2006.

Additionally, Thursday, Reuters reported that Air Force Undersecretary Peter Teets announced that the USAF has pulled three launches from Boeing, all due to go this Summer, as well as seven contracts that Boeing won in 1998.

The value of the transfered contracts is roughly a billion dollars.

Teets's bad news for Boeing didn't stop there. He also let it be known that, as a further result of Boeing's cheating on EELV contract bids, three of Boeing's former employees would be suspended from future government work; oh -- and so are three business units from Boeing's Integrated Defense Systems, until the company's corrected procedures are approved.

Boeing isn't about to fall on its sword yet, though; the approval for reinstatement could come in as little as two to three months' time; in the last few weeks of the year, there are typically a dozen and a half launch contracts awarded. Boeing should be back in good graces by then.

FMI: www.af.mil, www.boeing.com

Advertisement

More News

NTSB Final Report: Cessna 177B

Outboard Section Of The Right Wing And The Right Flap Separated In Flight And The Airplane Impacted A Farm Field Analysis: The pilot was approaching his destination airport under i>[...]

ANN's Daily Aero-Term (05.08.25): Final Approach Fix

Final Approach Fix The fix from which the final approach (IFR) to an airport is executed and which identifies the beginning of the final approach segment. It is designated on Gover>[...]

Aero-News: Quote of the Day (05.08.25)

"Our choice of when to respond, how to respond and on which targets to respond is a consideration that we make every time... Netanyahu also noted that anyone attacking Israel &ldqu>[...]

ANN's Daily Aero-Term (05.09.25): Estimated (EST)

Estimated (EST) When used in NOTAMs “EST” is a contraction that is used by the issuing authority only when the condition is expected to return to service prior to the e>[...]

ANN's Daily Aero-Linx (05.09.25)

Aero Linx: Coalition of Airline Pilots Associations (CAPA) The Coalition of Airline Pilots Associations (CAPA) is the world’s largest pilot trade association representing ove>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2025 Web Development & Design by Pauli Systems, LC