Boeing Agreement with Justice Department

Witnesses testified about a multi-million-dollar settlement between the Justice Department and Boeing Corporation resulting from… read more

Witnesses testified about a multi-million-dollar settlement between the Justice Department and Boeing Corporation resulting from investigations of alleged improper proprietary permission obtained from a competitor by Boeing.

On July 17th, 2003, a grand jury indicted two Boeing employees on

charges of conspiring to conceal and possess trade secrets in

violation of Title 18, United States Code. Both remained charged

awaiting trial to begin in late 2006. In April 2004, Ms. Druyun

pleaded guilty to negotiating employment with Boeing while she was

participating personally and substantially as an Air Force official

overseeing the negotiation of the proposed multibillion dollar lease

of Boeing KC-767A tanker aircraft. In February 2005, Mr. Michael Sears, Boeing chief financial

officer, was convicted on related charges. Both were

sentenced to terms in federal prison.

Although the United States attorney offices decided not to seek

criminal charges against the company, the United States on June 30,

2006 entered into a global settlement with Boeing for $615 million. close

*The transcript for this program was compiled from uncorrected Closed Captioning.

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Boeing Agreement with Justice Department

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Program ID:
193687-1
Category:
Senate Committee
Format:
Senate Committee
Location:
Washington, District of Columbia, United States
First Aired:
Aug 1, 2006
Last Aired:
Aug 6, 2006

Airing Details

  • Aug 01, 2006 | 2:32pm EDT | C-SPAN 1
  • Aug 01, 2006 | 11:17pm EDT | C-SPAN 2
  • Aug 02, 2006 | 5:08am EDT | C-SPAN 1
  • Aug 02, 2006 | 8:08pm EDT | C-SPAN 3
  • Aug 06, 2006 | 1:53am EDT | C-SPAN 1
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