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July 18, 2007

Boeing Settles Billing Dispute For $1 Million

Company Insists Charges Allowed Under Contract

Boeing has agreed to pay the United States more than $1 million to settle allegations that it improperly billed for materials used to install new engines in KC-135 aircraft.

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Senate Calls For Study Of Military's Airlift Needs

Congress Tired Of "Gut-Level Instincts When it Comes To Billions Of Dollars"

A joint amendment to the 2008 defense authorization bill has been filed that requires an independent study of the airlift requirement of the US military.

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Airborne Laser Team Completes Key Test With Modified 747

Weapon Actively Tracks Airborne Targets, Fires Surrogate High-Energy Laser

The Boeing Company successfully completed a key Airborne Laser (ABL) flight test Friday, demonstrating the weapon system's ability to actively track an airborne target, compensate for atmospheric turbulence and fire a surrogate for its missile-killing high-energy laser.

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