Corporate Spying: a Double-Edged Sword | 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-04.29.24

Airborne-Unlimited-04.23.24

Airborne-Unlimited-04.24.24 Airborne-FltTraining-04.25.24

Airborne-Unlimited-04.26.24

Tue, Jun 10, 2003

Corporate Spying: a Double-Edged Sword

Boeing Apologizes for Cheating to Win $1.88 Billion contract

Boeing Chairman, Phil Condit publicly apologized Monday for activity several years ago that may have amounted to corporate spying by Boeing, on Lockheed Martin. The US Department of Justice has been investigating some possible skullduggery in the case of bidding on a nearly-$2 billion contract; Condit's apology was published in several major US papers Monday.

"It has become clear that some of our employees did not behave properly during the EELV competition," he wrote.

The contract involved the EELV, or Evolved Expendable Launch Vehicle. At issue is whether Boeing employees may have had an edge in the bidding -- competitors' proprietary information.

Condit continued, "We understand that for competition to work it must be conducted fairly, properly and within the rules established for its engagement. So the question raised about Boeing's commitment to the values of integrity and fairness cannot go unanswered."

Stuff still happens. Mr. Condit explained, "Despite all of the guidance and training we give every one of our employees, there have been mistakes. Whenever these events occur, we try to deal with them directly, quickly and effectively. We will not tolerate unethical behavior."

Boeing won the contract.

Boeing fired two of the employees, and disciplined a third. The extent of the DoJ and the Boeing investigations was not discussed.

FMI: www.boeing.com

Advertisement

More News

ANN's Daily Aero-Term (04.30.24): Runway Centerline Lighting

Runway Centerline Lighting Flush centerline lights spaced at 50-foot intervals beginning 75 feet from the landing threshold and extending to within 75 feet of the opposite end of t>[...]

ANN's Daily Aero-Linx (04.30.24)

Aero Linx: Air Force Global Strike Command Air Force Global Strike Command, activated August 7, 2009, is a major command with headquarters at Barksdale Air Force Base, Louisiana, i>[...]

Airborne 04.24.24: INTEGRAL E, Elixir USA, M700 RVSM

Also: Viasat-uAvionix, UL94 Fuel Investigation, AF Materiel Command, NTSB Safety Alert Norges Luftsportforbund chose Aura Aero's little 2-seater in electric trim for their next gli>[...]

Airborne 04.29.24: EAA B-25 Rides, Textron 2024, G700 Deliveries

Also: USCG Retires MH-65 Dolphins, Irish Aviation Authority, NATCA Warns FAA, Diamond DA42 AD This summer, history enthusiasts will have a unique opportunity to experience World Wa>[...]

Airborne-NextGen 04.23.24: UAVOS UVH 170, magni650 Engine, World eVTOL Directory

Also: Moya Delivery Drone, USMC Drone Pilot, Inversion RAY Reentry Vehicle, RapidFlight UAVOS has recently achieved a significant milestone in public safety and emergency services >[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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