Military shipbuilder Austal says a settlement in the investigation is in the company’s best interests
MOBILE, Alabama (AP) — Executives at military shipbuilder Austal said the settlement of an accounting fraud investigation, which included an agreement to pay a $24 million penalty, was the best outcome for the company and that new control measures have been put in place. Austal USA, a subsidiary of Australia’s Austal Limited, pleaded guilty to […]