Advertisement
YOU ARE HERE: LAT HomeCollectionsBoeing Co
IN THE NEWS

Boeing Co

BUSINESS
January 24, 2003 | From Reuters
Lockheed Martin Corp. topped the list of the biggest U.S. military contractors in fiscal 2002, followed by Boeing Co. and Northrop Grumman Corp. Bethesda, Md.-based Lockheed, long the industry leader, rolled up $17 billion in prime contract awards in the year ended Sept. 30, up from $14.7 billion the year before.
Advertisement
BUSINESS
March 19, 2005 | From Associated Press
Boeing Co. said the executive whose affair with Chief Executive Harry C. Stonecipher led to his ouster last week had voluntarily resigned. Debra Peabody, 48, who managed office operations for Boeing in Washington and became involved with Stonecipher at a company retreat in California in January, resigned Thursday. Boeing declined to elaborate.
BUSINESS
December 28, 2005 | From Reuters
The U.S. Navy awarded Textron Inc.'s Bell Helicopter unit and Boeing Co. a $1-billion contract to buy components for 16 V-22 tilt-rotor aircraft through September 2009. The Pentagon had decided in September to accelerate production of the V-22, or Osprey.
BUSINESS
July 11, 2008 | From Times Wire Services
Boeing Co. said its second-quarter results would be hurt by a 22-cent-a-share charge for previously reported delays on a program to convert commercial aircraft to military surveillance planes. Boeing still forecasts profit of $5.70 to $5.85 a share this year and $6.80 to $7 in 2009, the Chicago-based company said.
BUSINESS
May 3, 2013 | By W.J. Hennigan, Los Angeles Times
An aircraft resembling a shark-nosed missile detached from a flying B-52 bomber and then shot above the Pacific Ocean at more than 3,000 mph in a historic test flight for the Air Force - and for the future of aviation. The unmanned X-51A WaveRider sped westward for four minutes, reaching Mach 5.1, or more than five times the speed of sound, before plunging into the ocean as planned. It flew for longer than any other aircraft of its kind and traveled more than 264 miles, reigniting decades-long efforts to develop a vehicle that could travel faster than a speeding bullet.
BUSINESS
March 19, 2005 | From Bloomberg News
Boeing Co. gave pay raises last year to Alan Mulally and James Albaugh, who might be contenders to replace ousted Chief Executive Harry C. Stonecipher. Mulally, 59, head of Boeing's commercial-plane unit, had his salary and bonus boosted 7% to $1.29 million. Albaugh, 54, who leads the company's military division, got a 42% increase to $1.37 million, Boeing said in a government filing.
BUSINESS
January 12, 2006 | From Bloomberg News
Boeing Co. will spend $100 million to set up an aircraft maintenance facility in India as more carriers in the country purchase airplanes to expand. Boeing also agreed to spend 85 billion rupees ($1.9 billion) for equipment from India after Air India Ltd., the nation's biggest overseas airline, agreed to buy $11 billion worth of planes. Airlines in India ordered more than 200 planes valued at $24 billion last year.
BUSINESS
October 18, 2013 | Bloomberg News
A former Boeing Co. procurement officer and three other people were indicted by a federal grand jury and accused of engaging in a bribery and kickback scheme, a federal prosecutor said. The ex-procurement officer allegedly leaked nonpublic information to bidders for contracts on military aircraft parts in exchange for cash, the office of U.S. Atty. Richard Callahan in St. Louis said in a statement. The grand jury indicted former Boeing executive Deon Anderson; Jeffrey Lavelle, who owned Everett, Wash., bidder J.L. Manufacturing; and an outside consultant for J.L., Robert Diaz.
BUSINESS
April 7, 2005 | From Bloomberg News
European plane manufacturer Airbus said it delivered 87 commercial aircraft to customers during the first quarter, beating Boeing Co., which delivered 70 planes in the period. Airbus also came out ahead of its Chicago-based rival on new orders. Airbus said it received signed contracts for 123 jetliners in the first three months, compared with 44 for Boeing.
Los Angeles Times Articles
|