Report: Boeing Probe Widens
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Government scrutiny of Boeing (BA:NYSE - news - research) appears to be widening, with federal prosecutors reportedly now looking at a $100 billion Army program Boeing oversees.
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An investigation into possible anticompetitive behavior in the flat-panel display market widened Tuesday, with at least four more big vendors saying they had been contacted by investigators.ADVERTISEMENTNEW IT SERVICES FROM IBM: EASIER TO BUY AND IMPLEMENTDiscover a simpler, more cost-effective way to get the solutions your company needs to grow more flexible and efficient.
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Aircraft manufacturer Boeing Co. on Friday said it shipped 67 commercial airplanes during the third quarter, including 49 of its next-generation 737 mid-range planes.
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The investigation widened as four additional cases  were reported in Pennsylvania and Connecticut as well as two more in New Jersey.
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Bloomberg - Dec. 15 (Bloomberg) -- It didn't take Boeing Co. very long to realize the political landscape had been altered after the Democrats captured control of Congress.
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White House officials have asked the Justice Department to determine whether Air Force Secretary James Roche engaged in possible misconduct over an initial proposal to lease 100 Boeing Co.  refueling tankers, sources familiar with the matter said on Wednesday.
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Boeing (BA:NYSE - news - research) shares lost ground Wednesday after media reports indicated China is unlikely to make additional aircraft purchases next year.
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Federal prosecutors reportedly are looking into the actions of another senior Boeing executive surrounding the hiring of a former top Air Force procurement official.
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The FBI has widened an investigation of a Pentagon analyst suspected of giving classified information on Iran to Israel, the Washington Post reported, citing unnamed officials and others familiar with the inquiry.
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Boeing Co. made at least $49 million in excess profit on a federal aviation security contract because the government failed to properly structure the deal, a federal audit released Monday found.
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At the heart of the scandal is a relationship between the Air Force and its main supplier, the Boeing Company, that had grown increasingly cozy.
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Near collisions between planes on the ground is increasing, according to a document seen by the BBC.
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The FBI has expanded an investigation into allegations of contract irregularities by Halliburton Co. subsidiary Kellogg Brown &amp; Root Inc.
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A European Union probe triggered by concerns over how long Google stores user information has widened to include all Internet search engines.
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The Justice Department is reviewing  the actions of three top administration officials over a $23.5  billion Air Force plan to acquire 100 Boeing Co. tankers,  documents obtained by Reuters Tuesday show.
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CHICAGO -- Boeing Co. said Wednesday its 4th-quarter earnings more than doubled due largely to robust commercial airplane and defense system business. The results beat Wall Street forecasts and sent the stock up nearly 5 percent in morning trading on the New York Stock Exchange.
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A Boeing subsidiary's legal woes bring to light one factor weighing on valuations for defense contractors.