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UTC charged with arms control violations

Friday, June 29, 2012

United Technologies Corp. (UTC) has agreed to pay more than $75 million to settle U.S. arms export violations and false and for belated disclosures to the U.S. government about the illegal transactions. The Justice Department said UTC's Pratt & Whitney Canada (PWC) subsidiary pleaded guilty to violating the Arms Export Control Act and making false statements in connection with its illegal export to China of U.S.-origin military software used to develop Chin...

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