The Justice Department’s reputation and adherence to law in the Boeing matter was subject to debate in January of 2021 when soon to be ex-president Trump and former Attorney General William Barr shepherded the first 737 Max plea deal.
The Boeing Company will pay at least $17 million in penalties and undertake multiple corrective actions with its production under a new settlement agreement with the Federal Aviation Administration (FAA). The FAA found that the Chicago-based manufacturer installed equipment on 759 Boeing 737 MAX and NG aircraft containing sensors that were not approved for that equipment; submitted approximately 178 Boeing 737 MAX aircraft for airworthiness certification when the aircraft potentially had nonconforming slat tracks installed; and improperly marked those slat tracks.
“Keeping the flying public safe is our primary responsibility. That is not negotiable, and the FAA will hold Boeing and the aviation industry accountable to keep our skies safe,” said FAA Administrator Steve Dickson, omitting the FAA’s role in Boeing’s history of fraud that resulted in the deaths of 346 passengers who died in the Boeing 737 MAX crashes of Lion Air Flight 610 and Ethiopian Airlines Flight 302.*** (Boeing to Pay More Than $2.5 Billion for 737 Max Fraud) Continue reading
Out of this World! Secret Lockheed Martin, GM EV Revealed
Lockheed Martin [NYSE: LMT] and General Motors Co. [NYSE: GM] are teaming up to develop new series of autonomous Electric Vehicles. Exact technical details are unknown, likely because they are closely held trade secrets, but the impending Artemis program appears to be the reason for a latter-day version of the famous skunk works. Some of the wizardry will likely evolve and morph into higher gravity-bound autonomous mobile devices. Continue reading →