Executive Briefings

Commerce Dept. Fines Northrop Grumman $400,000 for Illegal Exports

Northrop Grumman has been slapped with a $400,000 civil penalty for violating the Export Administration Regulations. The fines were assessed by the Bureau of Industry and Security (BIS) of the U.S. Department of Commerce. The case involved unlicensed exports of components for navigation equipment, as well as module-manufacturing data, destined for the Philippines, Singapore, Malaysia, Italy and the United Kingdom between January 1998 and September 2002. In all, Commerce charged the company with 131 violations of export laws. The transactions were made by Northrop Grumman itself, as well as by the company acting as successor to Litton Industries, Inc., which it acquired in April 2001. Northrop voluntarily disclosed the violations and cooperated fully in the investigation, Commerce said, adding, "BIS considers voluntary self-disclosures to be a significant mitigating factor when negotiating settlements of administrative cases."
http://www.bis.doc.gov

Northrop Grumman has been slapped with a $400,000 civil penalty for violating the Export Administration Regulations. The fines were assessed by the Bureau of Industry and Security (BIS) of the U.S. Department of Commerce. The case involved unlicensed exports of components for navigation equipment, as well as module-manufacturing data, destined for the Philippines, Singapore, Malaysia, Italy and the United Kingdom between January 1998 and September 2002. In all, Commerce charged the company with 131 violations of export laws. The transactions were made by Northrop Grumman itself, as well as by the company acting as successor to Litton Industries, Inc., which it acquired in April 2001. Northrop voluntarily disclosed the violations and cooperated fully in the investigation, Commerce said, adding, "BIS considers voluntary self-disclosures to be a significant mitigating factor when negotiating settlements of administrative cases."
http://www.bis.doc.gov