June 09, 2005
Anco-Tech, a manufacturer of titanium tubing for military aircraft that has gone out of business, was indicted for certifying equipment sold to Boeing and Bell Helicopter from 1995 to 2002. Boeing and Bell used Anco-Tech titanium tubing in civilian aircraft and in the V-22 Ospreys used by the military.
The V-22 is a $72 million aircraft that takes off like a helicopter and flies like a plane. Two Ospreys crashed in 2000, killing 23 marines.
A June 8, 2005 article in the New York Times reported on the indictment.