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BtoB

Boeing ads address employees' improper behavior

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Chicago--Boeing Co. ran ads Monday in several newspapers, including The Wall Street Journal, New York Times and Washington Post, acknowledging unethical actions by Boeing employees during competition with Lockheed Martin Corp. for the Evolved Expendable Launch Vehicle project.

“It has become clear that some of our employees did not behave properly during the EELV competition,” said the open letter, which was signed by Boeing Chairman-CEO Phil Condit.

The ad continued, “We understand that for competition to work it must be conducted fairly, properly and within the rules established for its engagement. So the question raised about Boeing’s commitment to the values of integrity and fairness cannot go unanswered.”

Federal investigators are looking into whether Boeing used confidential Lockheed documents in its quest to win the $1.37 billion rocket contract.

--Sean Callahan

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