L-3 Communications Corp. Pays U.S. $4 Million to Settle Overbilling Allegations on Iraq War Contract
WASHINGTON - L-3 Vertex Aerospace, a subsidiary of L-3 Communications Corp., has paid the U.S. $4 million to settle allegations that the company submitted false and inflated claims to the Army for hours worked by the firm’s employees on a contract supporting military operations by the United States in Iraq, the Justice Department announced today.
L-3 Vertex Aerospace, based in Madison, Miss., has an ongoing contract with the U.S. Army to provide helicopter maintenance services at Camp Taji, Iraq. The settlement announced today resolves allegations that L-3 submitted false time records and inflated claims for hours worked by company employees at Camp Taji, during periods from March 2004 through August 2005. More...
L-3 Vertex Aerospace, based in Madison, Miss., has an ongoing contract with the U.S. Army to provide helicopter maintenance services at Camp Taji, Iraq. The settlement announced today resolves allegations that L-3 submitted false time records and inflated claims for hours worked by company employees at Camp Taji, during periods from March 2004 through August 2005. More...
Over billing is a huge problem today. If companies are caught they should have to pay it back without having to be sued. It just seems that it is good business sense to do it right the first time.
ReplyDeletethats a lot of $miles..$4M..wow..tin
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