Defense Jobs Out Sourced to China
source: http://www.military.com/news/article/us-firm-pleads-guilty-to-illegal-defense-exports.html?E...
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- eddiemoe
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Via Military.Com:Early Brief
US Firm Pleads Guilty to Illegal Defense Exports
July 13, 2011
Associated Press
NEWARK, N.J. -- A New Jersey-based defense contractor has admitted sending sensitive military drawings and specifications to China without authorization.
Swiss Technology Inc. of Clifton pleaded guilty Tuesday in federal court in Newark to one count of conspiring to violate the Arms Export Control Act.
Prosecutors say the company had a contract with the U.S. Department of Defense to provide parts for rifles and machine guns. Rather than manufacture the parts itself, prosecutors say the firm sent drawings and specifications to a firm in China where they could be made more cheaply.
U.S. Attorney Paul Fishman says the company's attempt to cut corners and increase its profits could put American troops at risk.
The company has been ordered to pay more than $1 million in restitution.
© Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
US Firm Pleads Guilty to Illegal Defense Exports
July 13, 2011
Associated Press
NEWARK, N.J. -- A New Jersey-based defense contractor has admitted sending sensitive military drawings and specifications to China without authorization.
Swiss Technology Inc. of Clifton pleaded guilty Tuesday in federal court in Newark to one count of conspiring to violate the Arms Export Control Act.
Prosecutors say the company had a contract with the U.S. Department of Defense to provide parts for rifles and machine guns. Rather than manufacture the parts itself, prosecutors say the firm sent drawings and specifications to a firm in China where they could be made more cheaply.
U.S. Attorney Paul Fishman says the company's attempt to cut corners and increase its profits could put American troops at risk.
The company has been ordered to pay more than $1 million in restitution.
© Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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warman1138
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That was dumb.Having a foreign power arm our military and take jobs away is not good on many levels.
- 11 months ago
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warman1138
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eddiemoe
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How about spending our tax dollars with American workers. We needn't get into a defense spending debate (we spend too much) but if we can't reduce the amount spent at least make sure we spend it here. I have often wondered with all the wars we are involved in why the manufacturing sector was up to its ears in work. Now I know. Sigh!
- 11 months ago
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eddiemoe
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wynnmeg61
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Anything for a buck. That is the mantra of the business world globally ............anything for a buck.
- 11 months ago
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wynnmeg61
