Boeing Ducks Part Of Suit Over $1.1B Air Force Bid

Law360, New York (March 20, 2013, 7:11 PM EDT) -- An Alabama federal judge on Wednesday significantly slashed a lawsuit brought by bankrupt Alabama Aircraft Industries Inc.'s trustee against Boeing Co. over a $1.1 billion U.S. Air Force contract, throwing out claims of misappropriation and fraud, among others.

AAI accused the aerospace giant of reneging on a 2005 agreement to bid jointly on a contract to maintain the Air Force’s KC-135 tanker fleet, work the two companies had performed together between 2000 and 2004. Boeing canceled that agreement in 2006 and ultimately won the Air Force...
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