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Federal Contractor Misconduct Database (FCMD)
The federal government routinely awards contracts to companies with
histories of misconduct, including
…
contract fraud and other
violations. POGO believes that providing this website will help to
improve contracting decisions and increase public knowledge of how
the government spends billions of taxpayer dollars each year.
Read more…
Patent Infringement and Illegal Monopolization
“Northrop Grumman Corporation… reached a settlement agreement in antitrust and patent infringement lawsuits filed against Honeywell, Inc…. Under the agreement Honeywell has agreed to pay Northrop Grumman $440 million in cash, $220 million of which will be paid in 2001, with the balance due in July 2002. Northrop Grumman stated that the settlement agreement resolved all aspects of the litigation.” “The suits accused Honeywell of patent infringement and illegal monopolization of the inertial reference systems market for large commercial air transport, commuter and business aircraft.”
- Misconduct Type
- Antitrust
- Enforcement Agency
- Non-Governmental
- Contracting Party
- Non-Governmental
- Court Type
- Civil
- Disposition
- Settlement
- Date of Settlement
- 12/21/2001