financetom
Business
financetom
/
Business
/
Pentagon to assess Boeing deal with DOJ before deciding on impact of guilty plea
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Pentagon to assess Boeing deal with DOJ before deciding on impact of guilty plea
Jul 8, 2024 1:44 PM

WASHINGTON (Reuters) - The Pentagon plans to assess Boeing's ( BA ) improvement plans and Justice Department deal before determining what impact the planemaker's plan to plead guilty could have on its government contracts, a U.S. defense official told Reuters on Monday.

A guilty plea potentially threatens the company's ability to secure lucrative government contracts with the likes of the U.S. Defense Department and NASA.

The official added the Pentagon will conduct the review "to make a determination as to what steps are necessary and appropriate to protect the Federal Government" under federal contracting regulations.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
FAIRCHILD TO ACQUIRE 100% OF ADVANCED STAGE GOLDEN ARROW PROJECT FURTHER EXPANDING ITS FOOTPRINT ON THE WALKER LANE SHEAR ZONE REGION OF NEVADA
FAIRCHILD TO ACQUIRE 100% OF ADVANCED STAGE GOLDEN ARROW PROJECT FURTHER EXPANDING ITS FOOTPRINT ON THE WALKER LANE SHEAR ZONE REGION OF NEVADA
Sep 29, 2025
Vancouver, British Columbia , Sept. 29, 2025 (GLOBE NEWSWIRE) -- via IBN – Fairchild Gold Corp. ( FCHDF ) (“Fairchild” or the “Company”) (TSXV: FAIR), is pleased to announce that it has entered into a Memorandum of Understanding (the “MOU”) dated September 26, 2025 with Emergent Metals Corp. (TSXV: EMR) (“Emergent”), an arm’s length party, to acquire a 100% interest...
BKV Closes $370 Million Acquisition of Bedrock's Barnett Shale Assets
BKV Closes $370 Million Acquisition of Bedrock's Barnett Shale Assets
Sep 29, 2025
04:42 PM EDT, 09/29/2025 (MT Newswires) -- BKV (BKV) said late Monday it closed the acquisition of equity interests in Bedrock Production, including Bedrock Energy Partners' Barnett Shale assets, for about $370 million. The deal adds 97,000 net acres, 108 million cubic feet equivalent per day of production, and midstream infrastructure in the Barnett Shale, the company said. BKV said...
Megan Holdings Limited Announces Closing of $5 Million Initial Public Offering
Megan Holdings Limited Announces Closing of $5 Million Initial Public Offering
Sep 29, 2025
Malaysia, Kuala Lumpur, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Megan Holdings Limited ( MGN ) (the “Company” or “Megan”), a Malaysia-based company principally engaged in the development, construction, and maintenance of aquaculture farms and related works, today announced the closing of its initial public offering (the “Offering”) of 1,250,000 ordinary shares, par value US$0.0001 per share, (“Ordinary Shares”), at a...
BKV Corporation Successfully Closes $370 Million Acquisition of Bedrock Energy Partners' Barnett Shale Assets
BKV Corporation Successfully Closes $370 Million Acquisition of Bedrock Energy Partners' Barnett Shale Assets
Sep 29, 2025
Strategic acquisition adds 97,000 net acres and 108 million cubic feet equivalent per day of production, strengthening BKV's leadership position as largest natural gas producer in the Barnett Shale DENVER--(BUSINESS WIRE)-- BKV Corporation ( BKV ) today announced the successful completion of the acquisition of all of the issued and outstanding equity interests of Bedrock Production, LLC, resulting in...
Copyright 2023-2026 - www.financetom.com All Rights Reserved