Virgin Galactic has responded to Boeing ’s lawsuit, which accuses the company of retaining its trade secrets. In response, Virgin Galactic has filed a lawsuit of its own, blaming Boeing for repeated failures that ultimately led to the termination of their commercial partnership. Richard Branson ’s private space venture is countersuing Boeing over an agreement to develop Virgin Galactic ’s next generation mothership.
On the other hand, Virgin Galactic is claiming that Boeing repeatedly failed to deliver on its contractural obligations and “provided shoddy and incomplete work,” according to the lawsuit. “Boeing is now attempting to wrongfully claw back certain intellectual property duly owned or licensed to Virgin Galactic under the parties’ contract,” Virgin Galactic wrote in its complaint.
Source: News Formal (newsformal.com)
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