Dept of State reaches $10m settlement with Airbus

Airbus SE has reached an agreement with the US State Department to pay $10m to resolve civil violations of the Arms Export Control Act (AECA) and the International Traffic in Arms Act (ITAR) occurring between September 2011 and December 2019. Press release here. The charging letter says that Airbus’ violations include: (i) providing false statements on authorisation requests; (ii) failing …