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ITT to pay $100M for sharing tech
0 Comments | USA TODAY, March, 2007 | by Donna Leinwand
WASHINGTON -- The top manufacturer of the military's night-vision goggles will pay $100 million for illegally sharing the classified technology with companies in Singapore, China and Britain, the U.S. Justice Department said Tuesday.
ITT of White Plains, N.Y., the 12th-largest supplier of defense systems to the U.S. military, will also plead guilty today in U.S. District Court in Roanoke, Va., to two felony charges for outsourcing production of the goggles to unauthorized foreign companies and lying to the State Department about it, court documents say.
"ITT has put in jeopardy our military nighttime tactical advantages and America's national security," U.S. Attorney John Brownlee said in a statement.
The plea agreement requires ITT to pay $20...
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