Defense and Aerospace Contractors ILC Dover and ILC Astrospace Agree to Pay $13M to Resolve Cybersecurity Fraud Allegations
Defense and aerospace companies ILC Dover LP and ILC Astrospace LLC, of Frederica, Delaware, have agreed to pay $13 million to resolve allegations that they violated the False Claims Act by failing to comply with cybersecurity requirements in their contracts with the Department of the Army, the Missile Defense Agency, and the National Aeronautics and Space Administration (NASA).
What happened
Defense and aerospace companies ILC Dover LP and ILC Astrospace LLC, of Frederica, Delaware, have agreed to pay $13 million to resolve allegations that they violated the False Claims Act by failing to comply with cybersecurity requirements in their contracts with the Department of the Army, the Missile Defense Agency, and the National Aeronautics and Space Administration (NASA).
Why it matters
The development may change operating conditions or market expectations around Regulation. Further confirmation and measurable outcomes matter.
Affected entities
View evidence
1 reports · 1 original report · 1 independent
- U.S. Department of JusticePrimary source · Supports · EN · 100%Defense and Aerospace Contractors ILC Dover and ILC Astrospace Agree to Pay $13M to Resolve Cybersecurity Fraud Allegations ↗
Claims
- Defense and Aerospace Contractors ILC Dover and ILC Astrospace Agree to Pay $13M to Resolve Cybersecurity Fraud Allegations Observed
Conflicts
No material conflict detected in the available evidence.
Timeline
- First reported
Market move following event
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