29 June 2012

News Story: United Technologies Fined $75 Million for Military Exports to China

Z-10 Attack Helicopter

By KATE BRANNEN

Pratt & Whitney Canada Corp., a Canadian subsidiary of Connecticut-based defense contractor United Technologies, has pleaded guilty to violating the Arms Export Control Act and has settled with the U.S. government for $75 million.

The company admitted June 28 to making false statements in connection with its illegal export to China of U.S. software used in the development of China’s military attack helicopter, the Z-10.

“We accept responsibility for these past violations and we deeply regret they occurred,” United Technologies CEO Louis Chenevert said in a statement. “As a supplier of controlled products and technologies to the Department of Defense and other domestic and international customers, we are committed to conducting business in full compliance with all export laws and regulations.”

Read the full story at DefenseNews