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Airbus-EADS false info on arms sale

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Airbus-EADS false info on arms sale

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Old 1st Nov 2017, 00:16
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Airbus-EADS false info on arms sale

Airbus said it had provided false information to the State Department about its compliance with rules on arms sales overseas.
By JACK EWING
The New York Times

Airbus said Tuesday that it may have violated U.S. rules on arms exports, potentially expanding a corruption investigation that has already shaken the aircraft manufacturer in Europe.
Airbus, Boeing’s main rival in the passenger jet business, said it had provided false information to the State Department about its compliance with rules on arms sales overseas. Airbus provided few details except to say that the inaccuracies related to U.S. regulations on fees and commissions paid to sales agents.






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