Wednesday, July 25, 2012

Boeing Is Suing The Air Force For Almost $400 Million

delta iv

WASHINGTON (Reuters) - Boeing Cois suing the U.S. Air Force, its biggest client, for $385 million it says it is owed for Delta IV rocket launch services.
Boeing and the United Launch Alliance, a joint venture with Lockheed Martin Corp, filed a joint complaint on June 14 "to preserve their rights to recover these costs," Boeing said in a statement made available Friday.
At issue are "legitimate, allowable costs of the Delta IV program that Boeing incurred prior to the creation of ULA in 2006," said Jenna McMullin, a company spokeswoman.

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