February 25, 2007
More Military Related Matters
DOJ reports here on a plea in an antitrust bid-rigging case related to U.S. Navy contracts. The press release states that the two Pennsylvania executives had agreed to "pay a criminal fine of $10,000 each and to serve up to six months in jail for their participation in a conspiracy to rig bids for Department of Defense (DOD) contracts for metal sling hoist assemblies, which are used to transport bombs and other munitions." The plea anticipates cooperation.
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