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You are here News Domestic (USA) Defense contractor BAE pleads guilty; fined $400 million

Defense contractor BAE pleads guilty; fined $400 million

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BAE Systems pleaded guilty Monday to federal charges of conspiring to defraud the federal government, among other things, the U.S. Justice Department said.

U.S. District Court Judge John D. Bates sentenced BAE Systems to pay a $400 million criminal fine, one of the largest criminal fines in the history of the Justice Department's effort to fight overseas corruption in international business and enforce U.S. export control laws, the department said Monday in a release.

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