Posted on 06/11/2005 5:13:51 PM PDT by Righty_McRight
A Kuwaiti company is alleging that Boeing Co. failed to pay it for helping persuade Kuwait's government to buy 16 of Boeing's Apache Longbow combat helicopters for more than $900 million.
The Kuwaiti company, al-Khaldiya Electronics & Electrical Equipment Co., filed suit in U.S. District Court in St. Louis, seeking unspecified damages for what it says is Boeing's violation of a 1995 contract between the companies.
Kuwait's defense minister, Sheikh Jaber al-Hamad al-Sabah, announced the Apache purchase in September 2002. The helicopters are in the process of being delivered, al-Khaldiya said.
Boeing denies that it owes al-Khaldiya more money under the agreement. "Boeing had retained al-Khaldiya under a consultant contract for the period of June 1998 through June 2000. Boeing believes we have satisfied all of our obligations under the contract," Boeing spokesman James Keller said on Friday.
The two companies have a relationship dating to the 1970s, when al-Khaldiya helped McDonnell Douglas Corp. - now part of Boeing - sell its A-4 and DC-9 jets to Kuwait's air force, the suit says.
(Excerpt) Read more at stltoday.com ...
Moral of the story: If you expect a kickback, get it cash-up-front.
Most companies working internationally have local reps, who they pay in accordance with mutually approved contracts. There is not enough info here to pass judgment.
Sorry, forgot the sarcasm tag...
Take a number, get in line behind the U.S. Government, the UK, etc. etc..
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