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-04.22.24

Airborne-Unlimited-04.16.24

Airborne-FlightTraining-04.17.24 Airborne-AffordableFlyers-04.18.24

Airborne-Unlimited-04.19.24

Join Us At 0900ET, Friday, 4/10, for the LIVE Morning Brief.
Watch It LIVE at
www.airborne-live.net

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

ANN's Daily Aero-Linx (04.17.24)

Aero Linx: Space Medicine Association (SMA) The Space Medicine Association of the Aerospace Medical Association is organized exclusively for charitable, educational, and scientific>[...]

ANN's Daily Aero-Term (04.17.24): Jamming

Jamming Denotes emissions that do not mimic Global Navigation Satellite System (GNSS) signals (e.g., GPS and WAAS), but rather interfere with the civil receiver's ability to acquir>[...]

ANN's Daily Aero-Linx (04.18.24)

Aero Linx: Warbirds of America The EAA Warbirds of America, a division of the Experimental Aircraft Association in Oshkosh, Wisconsin, is a family of owners, pilots and enthusiasts>[...]

Aero-News: Quote of the Day (04.18.24)

"From New York to Paris, this life-size replica of the Webb Telescope inspired communities around the world and, in doing so, invited friends and families to explore the cosmos tog>[...]

ANN's Daily Aero-Term (04.18.24): Hold-In-Lieu Of Procedure Turn

Hold-In-Lieu Of Procedure Turn A hold-in-lieu of procedure turn shall be established over a final or intermediate fix when an approach can be made from a properly aligned holding p>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC