GE settles US claims it sold improperly inspected parts to Army, Navy
© Reuters. FILE PHOTO: The General Electric Co. logo is seen on the company's corporate headquarters building in Boston, Massachusetts, U.S. July 23, 2019. Picture taken July 23, 2019. REUTERS/Alwyn Scott/File Photo)'s aerospace unit agreed on Monday to pay $9.4 million to settle federal government claims that a Massachusetts plant sold parts to the U.S. Army and Navy that were not properly inspected or did not meet specifications.
Investigators said failing to conduct inspections and selling nonconforming parts could compromise military hardware and national security, and even endanger service personnel. GE Aerospace was credited in the settlement for its cooperation and remediation efforts, which the company said began more than five years ago. About $5.4 million of the settlement constituted restitution.
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