Tuesday, 25 February 2014

Cobham investigating unit's sales practices, contacts DOJ

British defence supplier Cobham said it had voluntarily contacted the U.S. Department of Justice to inform it of an initial internal investigation into potentially irregular sales practices concerning sales to Asia of products made by a Cobham unit. The company said on Tuesday that the products were made by Florida-based TracStar Systems Inc which is part of Cobham's SATCOM business. It said it would continue to cooperate with the DOJ in relation to the matter. via Health News Headlines - Yahoo News Read More Here..

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