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BAE Systems plc Reaches Civil Settlement With U.S. State Department

By Cal Biesecker

Wednesday, May 18th, 2011

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U.K.- headquartered BAE Systems plc yesterday said it had reached a civil settlement with the U.S. Department of State in connection with violations of the U.S. defense export control regulations. Those violations, linked to aircraft sales, were subject to the company’s earlier settlement with the U.S. Justice Department, announced by the company in February 2010 (Defense Daily, March 2, 2010). The company was fined $400 million by the Justice Department--one of the largest fines the department has levied, it said…

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