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-04.29.24

Airborne-Unlimited-04.23.24

 Airborne-Unlimited-04.24.24 Airborne-FltTraining-04.25.24

Airborne-Unlimited-04.26.24

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-Term (04.28.24): Airport Marking Aids

Airport Marking Aids Markings used on runway and taxiway surfaces to identify a specific runway, a runway threshold, a centerline, a hold line, etc. A runway should be marked in ac>[...]

Aero-News: Quote of the Day (04.28.24)

"It is extremely difficult, if not impossible, for manned aircraft to see a drone while conducting crop-enhancing and other aerial applications at low altitudes and high speeds. We>[...]

ANN's Daily Aero-Linx (04.28.24)

Aero Linx: The Skyhawk Association The Skyhawk Association is a non-profit organization founded by former Skyhawk Pilots which is open to anyone with an affinity for the A-4 Skyhaw>[...]

Aero-News: Quote of the Day (04.29.24)

“The T-54A benefits from an active Beechcraft King Air assembly line in Wichita, Kansas, where all required METS avionics and interior modifications are installed on the line>[...]

ANN's Daily Aero-Linx (04.29.24)

Aero Linx: Aerostar Owners Association The Association offers the Aerostar Owner a unique opportunity to tap an invaluable source of information concerning the care and feeding of >[...]

blog comments powered by Disqus



Change Display

Headlines Only | Headlines w/ Teasers | View Everything

Advertisement

Top Videos

Airborne Affordable Flyers 05.02.24: Bobby Bailey, SPRG Report Cards, Skydive!

Airborne 05.01.24: WACO Kitchen, FAA Reauthorization, World Skydiving Day

Airborne-NextGen 04.30.24: Skydweller Flies, Cassio 330, UAV Design Competition

See All

Advertisement

Podcasts

Advertisement

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