Northrop Grumman Systems Corporation agreed to pay $5.2 million to resolve False Claims Act allegations that it fraudulently billed the United States Postal Service for personnel who lacked the required education and experience qualifications specified in their contract labor categories. The …
Northrop GrummanDepartment of JusticeU.S. Postal ServiceUSPS Office of Inspector Generaldefense contractorsfraudfalse claims actcontractor abuseaccountability+1 more
Northrop Grumman Corporation paid the United States $11.4 million to settle government claims that it violated a 2002 settlement agreement with the Defense Contract Management Agency by improperly charging federal contracts for deferred compensation awards to key executives, demonstrating how …
Northrop GrummanDepartment of JusticeDefense Contract Management AgencyDefense Contract Audit Agencydefense contractorsfraudfalse claims actexecutive compensationcontractor abuse+2 more
Corporate profits explode during WWII mobilization, with the largest 200 corporations more than doubling annual profits from $576 million (1936-39) to $1.225 billion (1940-44) - a 113% increase. Cost-plus contracting allows companies to inflate costs with lavish executive salaries while earning …
U.S. corporationsGeneral MotorsSteel industryWar Industries BoardCharles E. Wilsonwar-profiteeringcorporate-powerdefense-industryexecutive-compensationcost-plus-contracts