$80 million fine for overcharging

The Northrop Grumman Corporation has agreed to pay the United States government $80 million to resolve allegations of overcharging and selling the Navy defective military equipment. The government alleged that from 1994 to 1999, Northrop Grumman?s subsidiary Newport News Shipbuilding (NNS), charged costs to the state for Independent Research and Development (IR&D) that it used […]