Defense Manufacturer Pays $20M Over Arms Export Violations

Law360, New York (March 6, 2014, 7:03 PM EST) -- Specialized manufacturing company Esterline Technologies Corp. has agreed to pay $20 million to resolve claims it exported controlled defense items without permission and engaged in other violations of U.S. export control rules, the U.S. Department of State said Thursday.

The State Department announced a consent agreement with Esterline, a Bellevue, Wash.-based specialized manufacturing company that supplies the defense and aerospace industries. The deal resolves allegations that the company violated the Arms Export Control Act and International Traffic in Arms Regulations hundreds of times over several years....
To view the full article, register now.