Boeing acknowledges stolen documents.Boeing Co. recently acknowledged that two of its employees possessed competitor Lockheed Martin For the former company, see . Lockheed Martin (NYSE: LMT) is a leading multinational aerospace manufacturer and advanced technology company formed in 1995 by the merger of Lockheed Corporation with Martin Marietta. Corp.'s propietary documents during a $2 billion rocket-launcher contract competition in 1998. Boeing fired them, suspended a third employee, and said the incident was isolated. But subsequent events revealed more than just one instance of Boeing employees possessing stolen Lockheed documents. As reported by the Washington Post, court filings submitted by Boeing in a separate lawsuit revealed that the company fired an employee in 2001 who admitted to having "tons" of proprietary Lockheed documents, including secret pricing data. The filings were prepared as part of Boeing's defense in a lawsuit brought by a former employee, Krishnan Raghavan, who alleged he was wrongfully wrong·ful adj. 1. Wrong; unjust: wrongful criticism. 2. Unlawful: wrongful death. fired after he told Boeing managers that a colleague--Dean Farmer, a former Lockheed engineer--had the proprietary documents. Farmer reportedly brought the documents--8,800 pages--with him to Boeing from Lockheed. Farmer's attorney said Farmer wanted to use the computer files as templates and never intended to use them for competitive purposes. He also said none of the documents were used to help Boeing win the $2 billion rocket-launcher contract from the U.S. Air Force. But the Farmer case could bolster Lockheed's lawsuit against Boeing, in which it alleges that Boeing used the stolen data to win the competition. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. letters from Boeing lawyers to Lockheed lawyers, Boeing fired Farmer in 2001 after an internal investigation found that he had sent proprietary Lockheed documents to eight Boeing employees, including Raghavan. Raghavan alerted Boeing's ethics ethics, in philosophy, the study and evaluation of human conduct in the light of moral principles. Moral principles may be viewed either as the standard of conduct that individuals have constructed for themselves or as the body of obligations and duties that a office after receiving 40 Lockheed slides from Farmer. The slides included secret Lockheed financial and bidding information. In an investigation, the U.S. Air Force found that Boeing acquired about 25,000 Lockheed documents during the 1998 competition. The Air Force said it would shift seven rocket launch A rocket launch is the first phase of the flight of a rocket. For orbital spaceflights, or for launches into interplanetary space, rockets are launched from a launch pad, which is usually a fixed location on the ground but may also be on a floating platform such as the San Marco contracts valued at $1 billion from Boeing to Lockheed and suspend three former employees and three business units of Boeing Integrated Defense Systems Boeing Integrated Defense Systems (Boeing IDS), based in St. Louis, Missouri, USA, is a unit of The Boeing Company responsible for defense and aerospace products and services. from future government work until corrective action A corrective action is a change implemented to address a weakness identified in a management system. Normally corrective actions are instigated in response to a customer complaint, abnormal levels if internal nonconformity, nonconformities identified during an internal audit or is taken. |
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