BAE Systems to pay $36m penalty after 104 violations of US arms export rules
State department says it has reached administrative settlement with company’s US arm to resolve breachesThe UK defence firm BAE Systems is to pay a $36m (£26.7m) civil penalty after breaching US arms exports regulations more than 100 times.The US Department of State announced on Thursday it had reached an administrative settlement with the US arm of BAE to resolve 104 violations of the Arms Export Control Act and the International Traffic in Arms Regulations.
Reported by 1 outlet — The Guardian US. See all sources ↓
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- What's the story?
- State department says it has reached administrative settlement with company’s US arm to resolve breachesThe UK defence firm BAE Systems is to pay a $36m (£26.7m) civil penalty after breaching US arms exports regulations more than 100 times.The US Department of State announced on Thursday it had reached an administrative settlement with the US arm of BAE to resolve 104 violations of the Arms Export Control Act and the International Traffic in Arms Regulations.
- How widely is it covered?
- 1 outlet, average source rating 8.0/10.
- When was it last updated?
- 16m ago.
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BAE Systems to pay $36m penalty after 104 violations of US arms export rules
Sources1TypeCoverageThe Guardian US