LONDON: Defense company BAE Systems PLC said Friday it would pay fines totaling more than US$400 million after reaching settlements with Britain's anti-fraud agency and the U.S. Justice Department to end decades-long corruption investigations into the company.
The world's No. 2 defense contractor said under its agreement with Washington, it would plead guilty to one charge of conspiring to make false statements to the U.S. government over regulatory filings in 2000 and 2002.
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