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Business/Financial

Airbus To Pay U.S. Nearly $600 Million To Settle Bribery, Corruption Allegations

By Cal Biesecker

Friday, January 31st, 2020

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Airbus To Pay U.S. Nearly $600 Million To Settle Bribery, Corruption Allegations

Airbus Chairman Denis Ranque. Photo: Airbus

The Department of Justice last Friday said that Airbus Group has agreed to pay the U.S. government $592 million to settle bribery and corruption charges related to commercial aircraft sales and violations of arms control laws. The settlement with the U.S. is part of a larger $3.9 billion agreement with legal authorities in France and Britain to settle bribery and corruption allegations. In return, the governments of all three companies agreed to suspend prosecution of Europe-based Airbus for three years,…

Congress

With $1.5 Trillion Request, Army, Air Force, Navy’s Unfunded Lists Focus Solely On MILCON Projects

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Unmanned Systems

Bipartisan House Bill Would Give National Guard To Counter-Drone Authorities

Seeking to close gaps that may arise between state and local law enforcers in different jurisdictions, a bipartisan contingent of House members this week introduced a bill that would allow […]

Congress

Munitions Fired Represent Most of $25 Billion Spent By Pentagon on Iran War So Far

Munitions fired in the two-month old “Operation Epic Fury” against Iran represent most of the $25 billion cost the Pentagon has incurred thus far in the conflict, the acting Defense […]

Congress

Slotkin: Pentagon Should Use Anthropic’s Mythos To Spot Cyber Security Gaps

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