By
Aaron Nicodemus2024-03-04T18:21:00
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.
Boeing voluntarily disclosed the apparent violations of the International Traffic in Arms Regulations (ITAR), the majority of which occurred before 2020, the State Department said Thursday in a press release. The airline manufacturer cooperated with the agency’s investigation.
As part of the settlement, Boeing signed a three-year consent agreement, to be overseen by a special compliance officer. The agreement will also require two external audits of the company’s ITAR compliance program and the implementation of additional compliance measures.
You are not logged in and do not have access to members-only content.
If you are already a registered user or a member, SIGN IN now.
2024-09-24T15:10:00Z By Aaron Nicodemus
There are dozens of ways foreign countries can get their hands on U.S. military secrets, including cyberhacking, espionage, theft, and more. But one increasingly concerning way has been through unintentional disclosures by trusted defense contractors, including Boeing, 3D Systems Corp., and RTX Corp., parent company of Raytheon.
2024-06-26T16:26:00Z By Jeff Dale
PetroChina International America agreed to pay a fine and forfeiture of $14.5 million to settle charges with the Department of Justice that it violated U.S. export control laws.
2024-05-15T17:43:00Z By Jeff Dale
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.
2026-02-26T21:32:00Z By Jaclyn Jaeger
The U.S. Department of Justice touted a record $6.8 billion in False Claims Act (FCA) recoveries in fiscal year 2025, much of that total stems from prior years’ cases and does not necessarily reflect the administration’s current enforcement direction.
2026-02-24T21:38:00Z By Oscar Gonzalez
A former vice president of an American coal company was convicted by a federal jury for his part in an international bribery and money laundering scheme. The conviction represents an anomoly in the Trump administration’s handling of Foreign Corrupt Practices Act (FCPA) cases launched under former President Joe Biden.
2026-02-20T15:52:00Z By Ruth Prickett
The U.K. financial regulator has dropped 100 investigations without action over the past three years, but compliance should expect a refocus of resources rather than a retreat from enforcement.
Site powered by Webvision Cloud