The Largest Security-Cleared Career Network for Defense and Intelligence Jobs - JOIN NOW

Military


31 January 2020 Military News

Operations
Defense Policy / Programs
Defense Industry
Other Conflicts
News Reports
COVID-19 Pandemic News

Current Operations

Defense Policy / Programs

Defense Industry

  • Contracts For Jan. 31, 2020
  • Airbus Agrees to Pay over $3.9 Billion in Global Penalties to Resolve Foreign Bribery and ITAR Case US Dept. of Justice 31 Jan 2020 -- Airbus SE (Airbus or the Company), a global provider of civilian and military aircraft based in France, has agreed to pay combined penalties of more than $3.9 billion to resolve foreign bribery charges with authorities in the United States, France and the United Kingdom arising out of the Company's scheme to use third-party business partners to bribe government officials, as well as non-governmental airline executives, around the world and to resolve the Company's violation of the Arms Export Control Act (AECA) and its implementing regulations, the International Traffic in Arms Regulations (ITAR), in the United States. This is the largest global foreign bribery resolution to date.
  • U.S. Department of State Concludes $10 Million Settlement of Alleged Export Violations by Airbus SE US Dept. of State 31 Jan 2020 -- The Department of State reached an administrative agreement with Airbus SE to resolve the alleged civil violations of the Arms Export Control Act (AECA), 22 U.S.C. 2751 et seq., and the International Traffic in Arms Regulations (ITAR), 22 C.F.R. Parts 120-130. The Department of State and Airbus SE reached this settlement following an extensive compliance review by the Office of Defense Trade Controls Compliance in the Department's Bureau of Political-Military Affairs.
  • Airbus Agrees to Pay Nearly $4 Billion to Settle Bribery Case VOA 31 Jan 2020 -- In the largest settlement of its kind, European aircraft maker Airbus SE has agreed to pay nearly $4 billion to resolve foreign bribery and other charges with authorities in the United States, Britain and France, the Justice Department announced Friday.

Other Conflicts

News Reports

COVID-19 Pandemic News



NEWSLETTER
Join the GlobalSecurity.org mailing list