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Military shipbuilder Austal says a settlement in the investigation is in the company’s best interests


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 […]