http://customwire.ap.org/dynamic/stories/B/BOEING_INVESTIGATIONS?SITE=TXSAE&SECTION=BUSINESS&TEMPLATE=DEFAULT&CTIME=2006-05-15-12-17-46Boeing Co. has agreed to pay $615 million to end a three-year Justice Department investigation into reported defense contracting scandals, a federal official familiar with the details of the tentative deal said Monday.
Boeing will not face criminal charges or have to admit wrongdoing, said the official, who asked that not to be identified by name because the agreement is not yet final. The settlement was first reported by The Wall Street Journal, which cited unidentified people familiar with the details.
Boeing has been under investigation for improperly acquiring thousands of pages of rival Lockheed Martin Corp.'s proprietary documents in the late 1990s, using some of them to help win a competition for government rocket-launching business. The government stripped Boeing of about $1 billion worth of rocket launches for its improper use of the Lockheed documents.
Additionally, Boeing illegally recruited senior Air Force procurement official Darleen Druyun while she still had authority over billions of dollars in other Boeing contracts. Druyun reportedly also championed Boeing's efforts to bypass normal procurement procedures in offering to provide refueling tankers to the Air Force through a controversial $20 billion leasing program.
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