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

Airbus Racer Helicopter Demonstrator First Flight Part of Clean Sky 2 Initiative

Airbus Racer Demonstrator Makes Inaugural Flight Airbus Helicopters' ambitious Racer demonstrator has achieved its inaugural flight as part of the Clean Sky 2 initiative, a corners>[...]

Diamond's Electric DA40 Finds Fans at Dübendorf

A little Bit Quieter, Said Testers, But in the End it's Still a DA40 Diamond Aircraft recently completed a little pilot project with Lufthansa Aviation Training, putting a pair of >[...]

ANN's Daily Aero-Term (04.23.24): Line Up And Wait (LUAW)

Line Up And Wait (LUAW) Used by ATC to inform a pilot to taxi onto the departure runway to line up and wait. It is not authorization for takeoff. It is used when takeoff clearance >[...]

NTSB Final Report: Extra Flugzeugbau GMBH EA300/L

Contributing To The Accident Was The Pilot’s Use Of Methamphetamine... Analysis: The pilot departed on a local flight to perform low-altitude maneuvers in a nearby desert val>[...]

Classic Aero-TV: 'Never Give Up' - Advice From Two of FedEx's Female Captains

From 2015 (YouTube Version): Overcoming Obstacles To Achieve Their Dreams… At EAA AirVenture 2015, FedEx arrived with one of their Airbus freight-hauling aircraft and placed>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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