Jury awards $3.6 million to Georgia arms dealer Tom Henry at 10:10 AM ET
[JURIST] International arms dealer Milton Blane was awarded $3.6 million Friday after he accused military contractor Boeing Co. of backing out of a deal to buy two missile launchers and damaging his commercial reputation. Blane, owner of Blane International Group Inc., first approached Boeing in 1999 with a proposal to sell Russian made air-to-surface missiles made available after the collapse of the Soviet Union according to Gwinnett County Court papers. After expressing initial interest Boeing backed out of the deal and allegedly attempted to discredit Blane to officials in the Ukraine. Blane claimed Boeing's actions cost him millions more than the award provided but Boeing spokesman Walt Rice called it "excessive" and said Boeing would appeal. AP has more.
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