Will Pay Up To $55 Million In Penalties For Exporting Engine Software To China
Saying it has "resolved previously disclosed enforcement actions brought by the U.S. Department of Justice and the Department of State in connection with past violations of U.S. export control regulations," United Technologies Corp. said Thursday it was pleading guilty to violating the State Department's International Traffic in Arms Regulations (ITAR), as well as the False Statements Act.
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