Honeywell Fined For Violating Arms Export Restrictions

The U.S. State Dept. says it has come to a settlement with defense firm Honeywell over alleged violations of the Arms Export Control Act (AECA) and International Traffic in Arms Regulations (ITAR).

The matter involves the alleged unauthorized exports and retransfers of ITAR-controlled technical data containing engineering prints showing dimensions, geometries and layouts for manufacturing castings and finished parts for multiple aircraft, gas turbine engines and military...