U.S. to rule on protest of $15 billion Boeing deal
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The U.S. Government Accountability Office said it would rule on Monday on a $15 billion helicopter contract to Boeing Co.  that was protested by Lockheed Martin Corp.  and Sikorsky Aircraft, a unit of United Technologies Corp. .
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Boeing is about to unveil its 787 Dreamliner, seen as crucial to the US manufacturer's future.
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The transatlantic dispute over state aid for rivals Airbus and Boeing, the worldâs two biggest aircraft makers, is set to drag on beyond Novemberâs US presidential elections after US and European Union negotiators yesterday failed to make headway.
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The U.S. military expects to decide  within a week whether to withhold 15 percent of bills paid to  Halliburton Co. HAL.N for work in Iraq, an Army spokeswoman  said Wednesday, as Democrats cried foul over why the Army was  flip-flopping on the issue.
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With a bankruptcy court scheduled to hear on Dec. 2 arguments by US Airways Group Inc. to throw out contracts covering union workers who haven&#39;t approved new deals, union leaders for the carrier&#39;s customer
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The European Union (EU) on Wednesday said that it has decided to take the first legal steps against the US over its subsidies to Boeing.
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The top trade officials from the United States and the European Union will discuss a row over state subsidies accorded US aircraft manufacturer Boeing and European rival Airbus at a meeting here October 18, a European Commission spokeswoman said Wednesday.
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The United States said on Tuesday it may soon take legal action in a trade row over government help for Airbus and Boeing, particularly as the European aircraft maker was seeking support for a new project. Washington and Brussels have so far resisted launching legal action at the World Trade Organization (WTO) in their battle over allegations of illegal subsidies to the aviation rivals, but that option may now be just weeks away.
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Lockheed Martin Corp. and BAE Systems North America Inc. filed protests with the Air Force Tuesday over a $4 billion contract to upgrade electronics on C-130 military transport planes awarded to Boeing Co. in 2001.
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House and Senate conferees agreed  late on Thursday to ban the leasing of aerial refueling  aircraft as part of a final deal on a $422 billion defense  authorization bill, killing a proposed $23.5 billion Air Force  deal with Boeing Co. BA.N, congressional sources said.
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Boeing Co.  Chief Executive Jim McNerney said development of the planemaker's new 787 model was on track and the company did not expect the U.S. government to cancel a $15 billion helicopter deal it had won.
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Raytheon Co.  on Saturday filed  a protest with the U.S. government over its award of a U.S.  cargo contract to rival contractors, the Wall Street Journal  reported in its online edition.
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Boeing (BA :Nasdaq - news - research) and Continental Airlines shares will be in focus Thursday after the carrier announced an agreement for delivery of the planemaker&#39;s new 7E7 jetliner.
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The United States will not wait long before resorting to legal action in the trade dispute over government support for Airbus and Boeing, US Trade Representative Robert Zoellick said on Tuesday.
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Lockheed Martin Corp. said Friday it  had refiled protests seeking U.S. revocation of Boeing Co.  contracts valued at more than $6 billion, part of the biggest  Pentagon procurement scandal in more than a decade.
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Facing increasing budget pressures, the US Air Force is considering asking rivals Boeing Co. (BA.N: Quote, Profile, Research) and Lockheed Martin Corp.
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Defense Secretary Donald Rumsfeld  vowed on Tuesday to prevent a repeat of the case of a former  top Air Force arms buyer who steered billions of dollars in  contracts to Boeing Co. before taking a $250,000-a-year job  with the company.