The Boeing Company has agreed to pay the U.S. government more than $50 million to resolve nearly 200 export violation charges. File Photo by Bill Greenblatt/UPI March 1 (UPI) --U.S. aerospace company ...

RTX will pay a $200 million civil penalty and implement remedial measures under a consent agreement. The aerospace and defense company reached a settlement agreement with the U.S. State Department ...

A Changed Regulatory Environment – Companies who think that U.S. export controls and sanctions do not apply to their products and channels of trade should reassess that position. As an example, ...

You are a banker. You do bankery things. You look at the ledgers, you tot up the numbers, you manage the accounts. Maybe you make loans, maybe investments but, broadly, you move money around to the ...

Importers and exporters take note-costs associated with violating certain trade compliance rules levied by the U.S. Department of Commerce are set to increase Jan. 15. Among civil penalties set to be ...

(Reuters) - The U.S. Commerce Department is likely to impose hefty fines on companies in the coming months for illegally shipping technology to customers in countries like China, a top department ...

March 1 (UPI) --U.S. aerospace company Boeing has agreed to pay a $51 million civil penalty to the United States to resolve export violation charges stemming from the unauthorized export of defense ...

Some of the alleged unauthorized exports consisted of “parts, components, and technical data related to sensitive U.S. and foreign government military platforms,” such as the Tomahawk cruise missile, ...