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AEROSPACE

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From Times Staff and Wire Reports

Boeing to Settle Mischarges: The Boeing Co. has paid $75 million to settle allegations that it systematically overcharged and mischarged the U.S. government on defense contracts, the company and the U.S. Attorney’s office said. The aerospace company engaged in “substantial overcharging and mischarging of the U.S. government,” Assistant U.S. Atty. Kurt Hermanns said. No criminal charges will be filed, however, and Boeing’s agreement with the Justice Department specifies the company denies any intentional wrongdoing. The settlement resolves three separate investigations involving allegations of violations of the False Claims Act, U.S. Atty. Kate Pflaumer said. The mischarges occurred between 1980 and 1991.

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