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-05.06.24

Airborne-NextGen-04.30.24

Airborne-Unlimited-05.01.24 Airborne-AffordableFlyers--05.02.24

Airborne-Unlimited-05.03.24

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 (05.09.24): Hold Procedure

Hold Procedure A predetermined maneuver which keeps aircraft within a specified airspace while awaiting further clearance from air traffic control. Also used during ground operatio>[...]

ANN's Daily Aero-Term (05.06.24): Altitude Readout

Altitude Readout An aircraft’s altitude, transmitted via the Mode C transponder feature, that is visually displayed in 100-foot increments on a radar scope having readout cap>[...]

ANN's Daily Aero-Linx (05.06.24)

Aero Linx: European Hang Gliding and Paragliding Union (EHPU) The general aim of the EHPU is to promote and protect hang gliding and paragliding in Europe. In order to achieve this>[...]

Airborne-NextGen 05.07.24: AI-Piloted F-16, AgEagle, 1st 2 WorldView Sats

Also: Skydio Chief, Uncle Sam Sues, Dash 7 magniX, OR UAS Accelerator US Secretary of the Air Force Frank Kendall was given a turn around the patch in the 'X-62A Variable In-flight>[...]

Aero-News: Quote of the Day (05.07.24)

"The need for innovation at speed and scale is greater than ever. The X-62A VISTA is a crucial platform in our efforts to develop, test and integrate AI, as well as to establish AI>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

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