Contract Competition in Companies: Boeing, Lockheed, and the documents

Case study
Name
Institutional Affiliation
Introduction
The ‘Boeing, Lockheed and the documents’ case enumerates the various situations that occur when companies are competing for similar contracts. According to the case, Lockheed and Boeing applied for contracts with the government, before Boeing, using unethical means to obtain Lockheed’s documents gave them an unfair advantage to win the contract. However, the win precipitated the onset of investigations that resulted in adverse consequences for Boeing. The case outlines how competition leads institutions to fail to observe moral principles leading to detrimental effects.
Why Boeing engineers and executives wanted and used Lockheed documents? Ideas for lines of credo from the consequences experienced by employees who were complicit?
Boeing engineers and executives wanted Lockheed’s documents so that they could compare Lockheed’s bid to theirs. Boeing Company started a five billion rocket project, which fostered an increase in pressure for the company to win the multi-billion dollar contract. By getting proprietary information about Lockheed’s bid and utilizing it, the engineers made their proposal better than that of Lockheed, thereby becoming the leader in the contract.
Based on the consequences faced by executives that were complicit, I think what goes around comes around, and choices have consequences.
List of mentioned and non-mentioned long-term costs and consequences to Boeing for their actions
* Poor public perception and loss of credibility
* Suspension of the space launch services by the US Air Force to which Boeing was its primary profiteer
* Loss of seven contracts with the US Air Force (USAF) as punishment for their actions with Lockheed’s documents, thereby resulting in massive loss of revenue.
* The disqualification of the company from participating in additional launch services business during subsequent procurement processes. Hence, losing a tremendous opportunity to earn.
* Reduction of revenue from the commercial satellites and rocket launchers projects they developed.
* Loss of the massive tanker c...