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Friday, March 29, 2024 | Back issues
Courthouse News Service Courthouse News Service

U.S. Says Boeing Cheated On B-1 Contract

LOS ANGELES (CN) - Boeing inflated its costs and work hours on a $36 million federal contract for a Towed Decoy System for the B-1 bomber, increasing its profits from 14% of the value of the contract to 45%, the United States claims in Federal Court. Prosecutors seek treble damage and civil penalties.

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