The U.S. military contractor formerly known as Blackwater will pay $50 million to settle arms-smuggling and other charges, according to news reports.
The Moyock, N.C., company, now known as Academi after a previous name change to Xe, will pay a $7.5 million fine to the U.S. Justice Department, plus a $42 million settlement with the State Department, WITN-TV reports.
The charges include possessing automatic weapons in the United States without registration, lying to federal firearms regulators about weapons provided to the king of Jordan, passing secret plans for armored personnel carriers to Sweden and Denmark and illegally shipping body armor overseas.
The company has earned billions in federal funds for providing security and training to U.S. personnel.
- Tech journalist since the dark ages. Windows Secrets, LangaList newsletter, Windows Magazine (NetGuide, Home PC), Byte, Popular Computing, yadda yadda yadda. Google me, if it matters.
This feed is mostly personal interest; it's NOT my professional writing. There's tech here, yes, but also lots of general science and some politics and weird humor thrown in.
Tuesday, August 7, 2012
Three name changes not enough: 'Blackwater' to pay $50M in arms smuggling, other charges
Yes, a proud moment for the Bush/Cheney crowd: