Indal to pay $3.5 million to settle U.S. allegations: Justice Department

Indal to pay $3.5 million to settle U.S. allegations: Justice Department

Indal to pay $3.5 million to settle U.S. allegations: Justice DepartmentIndal to pay $3.5 million to settle U.S. allegations: Justice Department

WASHINGTON (Reuters) – Indal Technologies, a unit of Curtiss-Wright Corp (N:), has agreed to pay $3.5 million to resolve allegations that it knowingly sold defective military equipment to the U.S. Navy, the U.S. Justice Department said on Monday.

Indal allegedly sold defective helicopter landing systems designed for U.S. Navy destroyers, the department said.

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Source : Reuters Link

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