GE’s $36 Million ITAR Penalty — A Wake-Up Call for Export Control Compliance
General Electric was penalized $36 million for violations of the International Traffic in Arms Regulations (ITAR).
The U.S. State Department’s Directorate of Defense Trade Controls (DDTC) recently imposed a $36 million penalty on General Electric (GE) for widespread violations of the International Traffic in Arms Regulations (ITAR).... By: The Volkov Law Group