Boeing may pay $500M to avoid prosecution in two legal probes

09/9/2005 | Wall Street Journal, The

Boeing may avoid prosecution in two federal investigations if it agrees to pay up to $500 million to the government, The Wall Street Journal reported, citing unnamed sources. Boeing and the Department of Justice are negotiating a settlement that would resolve allegations that Boeing acquired some Lockheed Martin proprietary documents dealing with rocket programs. It would also resolve allegations of the company illegally hiring a U.S. Air Force official while she oversaw Boeing contracts. The sides are not expected to reach a final agreement for several weeks.

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