Helicopter maker Sikorsky Aircraft Corp. has agreed to pay $3.5 million to resolve allegations it violated federal law and inflated the cost of spare parts to the Army, federal prosecutors said.
From 2008 to 2011, Sikorsky did not disclose accurate, complete and current cost and pricing data to the Army purchasing unit that buys spare parts for the manufacturer’s Black Hawk helicopter. When determining the prices to be charged to the government, Sikorsky failed to disclose it had lower prices for certain parts.
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