Boeing May Be Fined for Exported Technology
Sara Kehaulani Goo and Renae Merle write in The Washington Post:
Boeing Co. is in talks with the State Department about alleged violations of arms control laws related to the sale of 96 civilian aircraft and spare parts to China from 2000 to 2003, company and State Department officials said yesterday.
The company said the talks concern the sales of planes that contain a "gyrochip" that helps with stability of the aircraft but can also be applied to missiles. The State Department may fine Boeing as much as $47 million, according to the Seattle Times, which reported the alleged violations Wednesday.
posted by Fergie @ 7/07/2005 06:38:00 AM
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