Tactronics Resolves Suit Over $376M Tank Contract

Law360, New York (October 26, 2010, 3:46 PM EDT) -- Defense contractor Tactronics Holdings LLC has resolved a dispute with the U.S. government over a $376 million contract for tank gear that went to rival WestWind Technologies Inc.

Pursuant to a settlement, Tactronics and the government agreed Monday in a U.S. Court of Federal Claims filing that the action would be dismissed with prejudice, with each party bearing its own costs and expenses.

It was not clear how much money, if any, changed hands, and all other details of the settlement were also undisclosed.

“[The U.S....
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