Aerospace Company Honeywell Fined for Leaking Defense Secrets, Including to China - Bringing you Truth, Inspiration, Hope visiontimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from visiontimes.com Daily Mail and Mail on Sunday newspapers.
The American defense firm Honeywell International will pay a civil penalty of USD 13 million over allegations that it transferred technical military data to for
Washington [US], May 8 (ANI): The American defense firm Honeywell International will pay a civil penalty of USD 13 million over allegations that it transferred technical military data to foreign countries, including China.
MAY 3, 2021
The settlement demonstrates the Department’s role in strengthening U.S. industry by protecting U.S.-origin defense articles, including technical data, from unauthorized exports. The settlement also highlights the importance of obtaining appropriate authorization from the Department for exporting controlled articles.
The U.S. Department of State has concluded an administrative settlement with Honeywell International, Inc. (Honeywell) of Charlotte, North Carolina, to resolve alleged violations of the Arms Export Control Act (AECA), 22 U.S.C. § 2751
et seq., and the International Traffic in Arms Regulations (ITAR), 22 C.F.R. Parts 120-130. The Department of State and Honeywell have reached this settlement following an extensive compliance review by the Office of Defense Trade Controls Compliance in the Department’s Bureau of Political-Military Affairs.
Honeywell Exports exports and retransfers technical data that contained engineering prints showing dimensions to China… sofmag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sofmag.com Daily Mail and Mail on Sunday newspapers.