All Aerospace & Defense articles
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News Brief
Raytheon parent reserves $1.24B over improper payments, export control violations
RTX Corp., the parent company of Raytheon, disclosed in a public filing it has reserved $1.24 billion to resolve legacy legal matters with the Department of Justice, Securities and Exchange Commission, and Department of State.
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Basic Page
DOJ orders Prysmian unit to pay $920K over alleged fabricated tests to military
Prysmian Cables and Systems USA agreed to pay $920,000 to settle allegations it falsified tests and compliance certifications concerning cable it sold to the U.S. military for use in vehicles, the Department of Justice said.
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Blog
Gulfstream names chief sustainability officer
Gulfstream Aerospace has appointed Smitha Hariharan as vice president and chief sustainability officer.
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News Brief
Boeing agrees to plead guilty, pay additional $244M for violating 2021 DPA
Boeing will plead guilty to a felony and pay an additional $243.6 million for violating the terms of a 2021 settlement it made with the Department of Justice related to safety lapses that contributed to the crash of two airplanes.
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News Brief
DOJ orders Lockheed Martin units to pay $70M for improper subcontracting
Two subsidiaries of aerospace giant Lockheed Martin agreed to pay $70 million to settle allegations levied by the Department of Justice of overcharging the Navy for aircraft parts.
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Blog
Redwire hires general counsel
Space infrastructure provider Redwire Corporation announced that Aaron Futch has been appointed executive vice president, general counsel, and secretary.
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Premium
Panelists break down robust sanctions landscape at TPRM Summit
Sanctions compliance officers face myriad challenges as complex geopolitical situations heighten risks worldwide, experts discussed during Compliance Week’s Third-Party Risk Management & Oversight Summit.
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News Brief
DOJ notifies Boeing of DPA breach related to 737 MAX safety
The Department of Justice notified aerospace giant Boeing it breached its 2021 deferred prosecution agreement that required compliance commitments following high-profile crashes of its 737 MAX airplane.
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Blog
FACC AG appoints chief sustainability officer
The supervisory board of German aerospace company FACC AG appointed Tongyu Xu as a new member of the FACC board of directors in the role of chief sustainability officer.
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News Brief
Consolidated Nuclear Security to pay $18.4M over timecard false claims
Consolidated Nuclear Security agreed to pay $18.4 million to settle alleged False Claims Act violations regarding the submission of timecards for unworked hours to the National Nuclear Security Administration.
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Blog
ATI names general counsel, chief compliance officer
ATI, a producer of materials and solutions for the global aerospace and defense markets, named Vaishali Bhatia as senior vice president, general counsel and chief compliance officer.
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News Brief
DOT launches first data privacy review of 10 biggest airlines
The U.S. Department of Transportation is looking to thwart the nation’s 10 largest airlines from monetizing passenger data or selling it to third parties.
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News Brief
Boeing fined $51M over export control violations
Aerospace giant Boeing will pay a $51 million civil penalty to the State Department to resolve alleged export control violations related to unauthorized transfers and retransfers of technical data to foreign-person employees and contractors.
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Blog
Boeing ups previous CCO to human resources chief
Aerospace giant Boeing announced Uma Amuluru, vice president and general counsel to Boeing Defense, Space & Security, as the company’s chief human resources officer and executive vice president, human resources.
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Premium
Compliance’s role in managing challenges related to employee side hustles
Employees engaging in side businesses—part-time jobs or new company creations—can introduce a myriad of risks for a company.
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Blog
Starlab Space appoints general counsel
Starlab Space, a transatlantic joint venture between Voyager Space and Airbus, announced Thomas Ayres will be its general counsel.
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News Brief
Raytheon parent discloses indications of improper payments in Middle East
RTX Corp., parent company of aerospace and defense giant Raytheon, disclosed an internal investigation launched into potential improper payments in connection with contracts in the Middle East found indications of misconduct.
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Blog
Mercury Systems appoints chief legal officer
Aerospace technology company Mercury Systems announced the appointment of Stuart Kupinsky as executive vice president and chief legal officer.
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Blog
KP Aviation CEO shifts to chief compliance officer role
Aftermarket aerospace material and services provider KP Aviation announced Kim Schulze, the co-founder and current chief executive officer, will transition to the newly created role of principal and chief compliance officer.
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Blog
Boeing appoints chief sustainability officer
Aerospace giant Boeing named Brian Moran as chief sustainability officer. He will succeed Chris Raymond, who was promoted to president and chief executive officer of Boeing Global Services.