Boeing confirms U.S. investigation of bidding process

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Boeing confirms U.S. investigation of bidding process

WASHINGTON (Reuters) ? The Justice Department is investigating whether
Boeing (BA) used documents from a competitor in a bid to win a military
contract, and Boeing is cooperating fully, the company confirmed
Monday.  "There is an investigation going on and Boeing is cooperating
fully with it," said company spokesman Dan Beck. He said Boeing planned to
disclose the investigation in a document to be filed with the Securities
and Exchange Commission later Monday, but gave no further details.
The Wall Street Journal reported Monday that the Justice Department had
launched a criminal and civil investigation into whether Boeing gathered
sensitive documents of rival Lockheed Martin while bidding to make the
rockets used to launch government satellites. Beck said he could not
comment on the investigation or when it had begun.


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