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Ediacara Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-11-04 09:24 PM
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Third former Boeing official charged | Seattle P-I
Third former Boeing official charged

By GARY GENTILE
AP BUSINESS WRITER


An undated photo shows a Boeing 717 from
Australia's newest airline, Jetstar. Owned
by Qantas, Jetstar will begin commercial
flights May 25 offering Australia its second
low cost airline along with Virgin Blue.

(AP Photo/Jetstar, HO)

LOS ANGELES -- A third former Boeing employee was charged Tuesday in connection with the theft of sensitive materials from rival Lockheed Martin Corp. during a competition for a $1.88 billion satellite launching contract.

In an arrest warrant, Larry Satchell, 65, of Newport Beach was charged with conspiracy to steal trade secrets, conspiracy to violate the Procurement Integrity Act and obstruction of justice, federal prosecutors said.

The complaint said Satchell was the head of a "capture team" that was responsible for gaining information about possible rival bids for the rocket launch work that Boeing was seeking.

More at the Seattle Post-Intelligencer
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