Boeing Probe Widens to $100 Bln Contract
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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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To nab network-centric work at the Defense Department, Boeing Co. and IBM Corp. today announced a 10-year alliance. The two companies estimate that DOD will spend $200 billion for ground- and space-based systems for net-centric operations.
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Department of Defense asked to lead review of contracts awarded by a former procurement official who has admitted giving Boeing Co. preferential treatment.
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By Thomas J. Morgan; Journal Staff Writer  The company agrees to pay more than $100,000 in penalties and contributions.
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Boeing Co. BA.N on Friday said it  plans to end production of the 717 airliner and raised cost  estimates for a U.S. Air Force tanker program, resulting in  charges of $615 million, likely wiping out fourth-quarter  profit.
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Defense giant Boeing Co. BA.N has   won a $2.1 billion contract to help the Department of Homeland   Security beef up security along more than 7,500 miles of U.S.   borders with Mexico and Canada, The Washington Post reported.
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A criminal probe of Boeing Co.'s dealings with the U.S. Air Force is widening to include a &#36;100 billion Army program it oversees, the Wall Street Journal reported on Tuesday.
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Shares in The Boeing Co. hit a one-year high Wednesday on news that the aircraft builder has received an order to build 18 777-300 ER (extended range) airplanes for Singapore Airlines, with the airline also
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Boeing Co. and Northrop Grumman Corp., the second- and third-biggest US defense contractors, said third- quarter earnings rose as the military boosted spending on equipment to help soldiers communicate and track enemies.
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The FBI has expanded an investigation into allegations of contract irregularities by Halliburton Co. subsidiary Kellogg Brown & Root Inc. in Iraq and Kuwait.
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US aerospace giant Boeing Co. reported a 78 per cent jump in third-quarter profits, buoyed by a strong defence business, as the company raised its estimate for full-year profits because of a favourable tax outlook.
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Boeing Co.  scored one of its biggest orders so far this year on Tuesday as Korean Air Co.  said it would buy 25 passenger and freighter aircraft worth $5.5 billion, extending the U.S. planemaker's lead over European rival Airbus.
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According to a Pentagon announcement issued Friday, last week Boeing (NYSE: BA) successfully completed a test of one of the coolest weapons ever designed (not their exact words).
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Boeing Co.  said on Thursday it  will take up to &#36;1.1 billion in charges to cover the costs of  two delayed surveillance aircraft contracts and the previously  announced settlement of U.S. government investigations into its  defense unit.
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Boeing Co. got a lift Tuesday as International Lease Finance Corp., the world's largest airline leasing company, ordered 63 Boeing jets with a total list price of $8.8 billion.
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Boeing Co  on Thursday reported an industry record of 1,413 firm commercial plane orders for 2007, setting up a photo-finish with rival Airbus, which reports its annual order tally later this month.
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LE BOURGET, France -- International Lease Finance Corp., the world's largest airline leasing company, announced an order for 63 Boeing Co. jets, including 50 of the planemaker's flagship 787 Dreamliners on Tuesday.