Boeing slapped with multimillion-dollar ITAR fine
By Kristine Kelleher Boeing recently agreed to pay a $51 million civil penalty for violating U.S. export regulations, specifically the International Traffic in Arms Regulations (ITAR) and the Arms Export Control Act (AECA), adding to a seemingly never-ending list of problems. The company also agreed to take remedial steps and reached a consent agreement with the U.S. State Department. This is one of the largest fines ever imposed by the U.S. government for violations of ITAR and AECA. Boeing is a multi-billion dollar company with hundreds of full-time trade compliance staff. So, what happened? What can we learn? This case is important and can serve as a warning to the entire industry. Despite Boeing’s vast resources and history, it was still accused of nearly 200 export violations. What did Boeing do? According to the U.S. State Department’s Directorate of Defense Trade Controls (DDTC), Boeing is suspected of committing multiple violations, including: Unauthorized export and transfer of controlled technical data to…
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