boeing sues us over space programme costs
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Boeing sues US over space programme costs

Egypt Today, egypt today

Egypt Today, egypt today Boeing sues US over space programme costs

Washington - Arabstoday

Boeing says the US owes the company and a joint venture it has with Lockheed Martin Corp. more than $260.4 million (Dh956.48 million) for equipment and launch services used by the space programme, according to a lawsuit brought in Washington. Boeing and the joint venture, United Launch Services, allege the Air Force has failed to reimburse the companies in violation of agreements “designed to secure Boeing’s participation” in the space programme, according to a complaint filed in the US Court of Federal Claims. “Through these agreements, the government ensured its continued access to space via Boeing’s Delta IV launch vehicle, an expressed national security priority for both Congress and the president,” according to the complaint, which was filed last month. On July 10, a judge ordered the parties into a dispute resolution programme to discuss whether the case could be resolved without additional court proceedings. Last year, United Launch repaid the Pentagon $89.2 million and lost another $199 million in prior billings because Boeing violated federal accounting standards, according to the Defence Contract Management Agency, the military’s contract management agency. Boeing lost bids to have those decisions reversed. In an emailed statement, Chicago-based Boeing, which claimed it sued to preserve its ability to recover the money, said the total amount in dispute is $385 million. Allowable costs “ULA and Boeing believe that the 2006 and 2008 agreements with the government are appropriate recognition of legitimate, allowable costs, and that the United Launch Alliance’s recovery of these costs is fully compliant with all cost accounting standards and government regulations,” according to the statement. Boeing and Lockheed Martin, the largest defence contractor, established the United Launch Alliance in December 2006 to consolidate the military launch business. Boeing’s Delta IV and Lockheed Martin’s Atlas V rockets are the primary methods for launching US military satellites. from gulfnews.com

egypttoday
egypttoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

boeing sues us over space programme costs boeing sues us over space programme costs



GMT 15:38 2017 Wednesday ,15 November

Alibaba takes record $25 bn on 'Singles Day'

GMT 21:27 2015 Saturday ,29 August

Anderson wins Winston-Salem crown

GMT 10:08 2013 Thursday ,21 March

Why do Arab nations fail?

GMT 16:05 2017 Thursday ,24 August

Singer Qamar praises reactions to “Kiss My Lips”

GMT 21:33 2017 Saturday ,22 April

Volkswagen gathers owners and fans

GMT 08:16 2017 Wednesday ,04 October

Dutch defence minister resigns over soldier deaths

GMT 08:33 2017 Saturday ,16 September

Politician to achieve reconciliation

GMT 10:10 2017 Thursday ,16 November

Russian MPs back law targeting foreign media
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday