Boeing Will Pay $8.1 Million to Resolve Alleged False Claims Act Violations
September 28 2023 - 5:35PM
Dow Jones News
By Ben Glickman
Boeing will pay $8.1 million to resolve allegations it submitted
false claims and made false statements related to its contracts
with the U.S. Navy.
The Department of Justice said on Thursday that Boeing allegedly
violated the False Claims Act. DOJ said the aerospace company
didn't perform required testing in certain processes as part of its
contract to manufacture the Navy's V-22 Osprey aircraft.
DOJ said the allegations were brought under the whistleblower
provisions of the False Claims Act.
Write to Ben Glickman at ben.glickman@wsj.com
(END) Dow Jones Newswires
September 28, 2023 17:20 ET (21:20 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
Boeing (NYSE:BA)
Historical Stock Chart
From Jun 2024 to Jul 2024
Boeing (NYSE:BA)
Historical Stock Chart
From Jul 2023 to Jul 2024