Watchdog: TSA overpaying Boeing for airport security contract
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WASHINGTON A report says the Transportation Security Administration paid Boeing too much for a contract to install bomb-detection equipment at airports.
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Costs for SBInet, the high-tech fence intended to protect U.S. borders, are going through the roof, and Congress wants better management over Boeing, the prime contractor.
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ALEXANDRIA, Va.  - The former No. 2 weapons buyer  for the U.S. Air Force was sentenced on Friday to nine months  in prison for negotiating a $250,000 job with Boeing Co. while  still overseeing billions of dollars of its business with the  military.
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A Federal Aviation Administration contracting program, initially hailed as a way to make the agency more efficient, was so poorly managed that it cost the government millions of dollars in overruns, according to a government investigative report and legislators who reviewed its conclusions. The FAA...
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Four of the Air Force's largest transport plane programs are behind schedule and over their target cost by a total of almost $1 billion, federal auditors said yesterday.
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A criminal probe of Boeing Co.'s  dealings with the U.S. Air Force is widening to include a $100  billion Army program it oversees, the Wall Street Journal  reported on Tuesday.
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Due to an overtaxed air traffic control system, among other things, travelers should brace themselves for a growing number of chronically late planes.
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The leader of a rebel pilot group at US Airways charged that the company was demanding too much from employees.
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Boeing Co, the world&#39;s second-biggest maker of commercial aircraft, won a $3.6 billion order for 18 planes from Singapore Airlines Ltd.
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Boeing Co.'s former chief financial officer pleaded guilty Monday to illegally hiring a top Air Force official who has admitted she gave the company preferential treatment on a $23 billion tanker contract.
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Insurance underwriters have sought  legal arbitration for $250 million in damages related to  defects in some Boeing Co. BA.N satellites, The Wall Street  Journal reported late on Sunday.
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British Airways has said that the disruption caused by increased security at airports after the foiling of an alleged terror plot last month cost the company about 40 million pounds.
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In the wake of Continental Airlines&#39; announcement it will buy more Boeing aircraft, the carrier is working to assure its employees, whose pay and benefits are being cut by $500 million, that
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Boeing Co  won an order from Bahrain's Gulf Air for as many as 24 of its 787 aircraft, worth as much as $6 billion, according to Gulf Air, which also agreed an initial request for eight Airbus A320s.
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The American Civil Liberties Union is suing a Boeing Co. unit it accuses of helping the U.S. Central Intelligence Agency transfer foreign suspects to overseas prisons where it says they were held and tortured.
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A computer glitch reveals a huge danger to airline investors.
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Boeing Co. received at least $49 million in excessive profits on a $1.2 billion contract to supply explosives-detection systems to hundreds of the nation's airports, the Department of Homeland Security's inspector general reported Monday.